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Daily FOREX Report by EPIC RESEARCH 31 December 2013

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RBI DAILY REFRENCE RATES
Trade Date   1 USD   1 GBP   1 EURO  100 YEN
30-Dec-2013 62.0028 102.1682 85.1855 58.8600
27-Dec-2013 62.0595 102.0320 85.2748 59.2300
26-Dec-2013 61.9755 101.4911 84.7925 59.1500
24-Dec-2013 61.8668 101.1027 84.6510 59.3700
23-Dec-2013 61.9915 101.3747 84.8180 59.5800
20-Dec-2013 62.2420 101.8092 84.8774 59.5900
19-Dec-2013 62.3800 102.1535 85.2945 59.9800
18-Dec-2013 61.9176 100.8328 85.2692 60.1600
17-Dec-2013 61.9580 101.1402 85.3345 60.1700
16-Dec-2013 62.1024 101.2704 85.4284 60.4000

USD/INR DAILY TECHNICAL LEVELS
USD/INR DAILY CANDLESTICK CHART
S2 – 62.0208    S1 – 62.1392    PIVOT – 62.3283     R1 – 62.4467    R2 – 62.6358
TECHNICAL OUTLOOK:
USD/INR (NSE/MCX-SX) has closed @62.2575. If USD/INR breaks the level of @62.15 then it can touch the level of @61.99 and @61.79 respectively.

NEAR TERM OUTLOOK FOR RUPEE:
USD / INR Jan. futures contract (NSE)    View : Bearish on USD
Sell below 62.15             Market Lot : USD 1000
Target : 61.99 / 61.79        Stop Loss : 62.51
Support: S1/ S2 : 62.1392 / 62.0208         Resistance : R1/R2 : 62.4467 / 62.6358

Epic Research is a reputed financial advisory provider firm working in Indian and other global capital markets. It provides Stock Tips, Equity Tips, Stock Advisory Company , NSE Tips, NCDEX Tips through reliable research of the market.
The research is based around these services:
Forex Tips
COMEX gold Tips

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Or mail us here: [email protected]  Or visit our site that is http://www.epicresearch.co/

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