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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……!!!! 12- AUGUST-2013, MONDAY

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INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES Trade Date

1 USD

1 GBP

1 EURO

100 YEN

08-Aug-2013

61.1150

94.7710

81.5420

63.4400

07-Aug-2013

61.3940

94.1723

81.6990

63.2200

06-Aug-2013

61.5355

94.3708

81.5785

62.4900

05-Aug-2013

60.8220

92.9664

80.7335

61.7700

02-Aug-2013

60.8035

91.9531

80.3655

61.0400

01-Aug-2013

60.7423

92.0550

80.6025

61.6900

31-Jul-2013

61.1150

92.9742

80.9535

62.4400

30-Jul-2013

59.8280

91.7582

79.3277

60.8400

29-Jul-2013

59.2970

91.1810

78.7129

60.5800

26-Jul-2013

58.9133

90.6794

78.2180

59.6700

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INDIAN FOREX DAILY NEWSLETTER

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

S2 – 60.6900

S1 – 60.9150

PIVOT – 61.2825

R1 – 61.5075

R2 – 61.8750

TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed below major support level @61.20. If USD/INR maintain this level then touch the level @60.81 and @60.55 respectively.

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INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR EURO:

USD/ INR July futures contract (NSE)

View: Bearish on USD

Sell USD below 61.20

Market Lot: USD 1000

Target: 60.81/ 60.55

Stop Loss: 61.70

Support: S1/ S2: 60.9150/ 60.6900

Resistance: R1/R2: 61.5075/ 61.8750

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INDIAN FOREX DAILY NEWSLETTER

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INDIAN FOREX DAILY NEWSLETTER

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INDIAN FOREX DAILY NEWSLETTER

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Daily forex report by epic reseach 12 august 2013