Indian rupee has intraday support at 53.75: Nirmal Bang

Nirmal Bang has come out with its technical report on currency. According to the research firm, USDINR has intraday support at 53.75 and resistance is at 54.35. Expected intraday range is 53.95-54.35.

USDINR can dip upto 53.95 but can be bought on dips for the day. It has a good intraday support at 53.75 and resistance is at 54.35. Expected intraday range is 53.95-54.35.

EURUSD can rise upto 1.3060 but can be sold on rise for intraday trading. It has a good intraday support 1.2960 & resistance at 1.3110. Expected intraday range is 1.2960-1.3060.

GBPUSD can rise upto 1.5270 but can be sold on rise for intraday trading. It has an intraday support at 1.5175 and resistance at 1.5320. Expected intraday range is 1.5175-1.5270.

USDJPY can rise upto 95.05 but can be sold on rise for intraday trading. It has a good intraday support at 94.15 & resistance is at 95.50. Expected intraday range is 94.15-95.05.

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