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

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……!!!! 09- OCTOBER-2013, WEDNESDAY

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INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES Trade Date

1 USD

1 GBP

1 EURO

100 YEN

08-Oct-2013

61.6885

99.2013

83.6875

63.5000

07-Oct-2013

61.7760

99.0640

83.8360

63.6200

04-Oct-2013

61.4050

99.2857

83.6790

63.2500

03-Oct-2013

61.9348

100.4397

84.2360

63.4300

01-Oct-2013

62.3555

101.2030

84.5365

63.5100

30-Sep-2013

62.7770

101.4162

84.6745

64.1500

27-Sep-2013

61.8110

99.4972

83.4200

62.6600

26-Sep-2013

62.2260

100.0594

84.1073

62.8400

25-Sep-2013

62.6981

100.2731

84.4589

63.5700

24-Sep-2013

62.6585

100.4604

84.5955

63.3200

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INDIAN FOREX DAILY NEWSLETTER

JPY/INR DAILY TECHNICAL LEVELS JPY/INR DAILY CANDLESTICK CHART

S2 – 63.3892

S1 – 63.7383

PIVOT – 64.0067

R1 – 64.3558

R2 – 64.6242

TECHNICAL OUTLOOK: JPY/INR (NSE/MCX-SX) has closed @64.0875. If JPY/INR sustains above the level of @64.40 then it can touch the level of @64.67 and @65.03 respectively.

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INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR YEN:

JPY/ INR July futures contract (NSE)

View: Bullish on JPY

Buy above 64.40

Market Lot : JPY 1000

Target : 64.67 / 65.03

Stop Loss : 63.80

Support: S1/ S2 : 63.7383 / 63.3892

Resistance : R1/R2: 64.3558 / 64.6242

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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 research on 9 oct 2013