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Oct 05, 2011, 03.27 PM IST | Source: Moneycontrol.com

Currency strategy on USD, EUR, GBP, INR: Geojit Comtrade

Geojit Comtrade has come out with its report on currencies. According to the research firm one can see rally in USDINR towards 49.24/30.

Geojit Comtrade has come out with its report on currencies. According to the research firm one can see rally in USD/INR towards 49.24/30.

Rally in USD/INR towards 49.24/30 is a good selling level with a stop of 49.40 for a target of 49.02.

Dip in EUR/USD towards 1.3257/60 is a good buying level with a stop of 1.3230 for a target of 1.3365.

Dip in GBP/USD towards 1.5410 is a good buying level with a stop of 1.5369 for a target of 1.5495.

Dip in USD/JPY towards 76.49 is a good buying level with a stop of 76.20 for a target of 77.25.

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To read the full report click here

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