The document provides a technical analysis of currency exchange rates, including the JPYINR pair. It notes that JPYINR extended its bearish rally on daily charts and found support around 59.0300. If JPYINR remains below 59.0000, selling pressure may decrease it further toward additional support levels. The document comes from www.trifidresearch.com and includes a disclaimer.

1. 31 JULY14
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2. PIVOT TABLE
TECHNICAL VIEW
JPYINR
CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 60.3000 60.2000 60.1000 60.4500 60.5500 60.6500
EURINR 80.8000 80.7000 80.6000 81.0000 81.1000 81.2000
GBPINR 102.1000 102.0000 101.8500 102.3000 102.4000 102.5000
JPYINR 58.9500 58.8500 58.7500 59.1500 59.2500 59.3500
JPYINR on daily charts extended the bear rally and found support around 59.0300 mark. Hence, if it
holds below 59.0000 level then selling pressure can drag it towards deeper supports.

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