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Monday, January 27, 2014

INR@ Where its heading again against the USD

We don't comment on daily basis.
Last friday it took a breakout so we are here with our view@
63.04 is the immediate resistance for spot INR Vs the USD. Technically continuous closing above 63.05/63.10 could take it higher upto 64.70 to 67.4. There's gap of 4 bucks above the 63.04 levels.
Support at@ 62.46....61.78/61.58....61.42....61.1...so area of 61+ is a big support zone.
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