Indian unit opened with high gap and expected to be on mixed for the day. Trading range is expected between 48.60-49.30.currency holds its support at 48.50 levels and has its resistance at 49.40 levels for the day. Stochastic remains on bull note for the day.
EURO R1: 1.3750 S1:1.3560
R2: 1.3760 S2:1.3550
chart pattern indicates the currency to have a mixed note for the day. Trading range for the day is expected between 1.3590-1.3730 levels for the day. Stochastic is seen trending up and the currency is trading on the moving average .
GBP R1: 1.5240 S1: 1. 5100
R2: 1.5250 S2: 1. 5090
chart pattern shows the currency to be on consolidation phase. Trading range is expected between 1.5140-1.5210 levels for the day. Currency is seen trading on the moving average and stochastic is seen trending upside for the day.
YEN R1: 92.10 S1:90.60
R2: 92.30 S2:90.50
yen chart pattern indicates the currency to have a downside movement for the day. Trading range for the day is expected between 90.80-91.80 levels. Stochastic remains bear but the candle pattern remains in neutral waiting for further clues from the market.
AUD R1: 0. 7150 S1:0.6990
R2: 0.7160 S2: 0.6980
Chart pattern gives bearish signals for the day .Trading range is expected between 0.7030-0.7140 levels .Stochastic remains down for the day.
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