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INDIAN FOREX REPORT INDEX WATCH: 1. RBI Reference Rate (USD/ GBP/ EURO/ YEN) 2. USDINR Chart, Levels and Charts Justification. 3. Technical outlook of USDINR. 4. Near Team Outlook for Rupee.

EPIC Research Report This Report contains all the study and strategy required by trader to trade on INDIAN FOREX MARKET (NSE-FX AND MCX-SX). Refer to the chart attracted in the Report to take proper Trading Decision. Research Analyst: Nilesh Jain


INDIAN FOREX DAILY NEWSLETTER

FOREX TECHICAL REPORT……!!!! 26- SEPTEMBER-2013, THURSDAY

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INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES Trade Date

1 USD

1 GBP

1 EURO

100 YEN

25-Sep-2013

62.6981

100.2731

84.4589

63.5700

24-Sep-2013

62.6585

100.4604

84.5955

63.3200

23-Sep-2013

62.5200

100.2571

84.6710

63.1700

20-Sep-2013

62.2430

99.8969

84.2295

62.6700

19-Sep-2013

61.7480

99.5625

83.5460

62.7400

18-Sep-2013

63.1440

100.4810

84.3675

63.6500

17-Sep-2013

63.3770

100.8582

84.5980

63.9300

16-Sep-2013

62.4840

99.6620

83.4960

63.2300

13-Sep-2013

63.7890

100.7037

84.6675

63.8800

12-Sep-2013

63.6673

100.7089

84.7230

64.1000

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INDIAN FOREX DAILY NEWSLETTER

USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART

S2 – 62.0067

S1 – 62.2733

PIVOT – 62.6417

R1 – 62.9083

R2 – 63.2767

TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @62.5400. If USD/INR breaks the level of @62.25 then it can touch the level of @61.99 and @61.56 respectively.

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INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR RUPEE:

USD/ INR July futures contract (NSE)

View: Bearish on USD

Sell below 62.25

Market Lot : USD 1000

Target : 61.99 / 61.56

Stop Loss : 63.05

Support: S1/ S2 : 62.2733 / 62.0067

Resistance : R1/R2: 62.9083 / 63.2767

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INDIAN FOREX DAILY NEWSLETTER

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INDIAN FOREX DAILY NEWSLETTER

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Daily forex report 26 sep 2013  
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