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USDINR may trade with positive bias: Nirmal Bang

Nirmal Bang has come out with its report on currencies. USDINR can trade with a positive bias during the day. Expected intraday range is 62.25-62.65.

February 10, 2014 / 12:34 IST
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Nirmal Bang report on Currencies:

USDINR (SPOT): USDINR can trade with a positive bias during the day. Buying on dips upto 62.25 is recommended for intraday trading. Expected intraday range is 62.25-62.65.

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EURUSD can trade with a negative bias during the day. Selling on rise upto 1.3615 is recommended for intraday trading. Expected intraday range is 1.3525-1.3615.

GBPUSD can trade with a negative bias for the day. Selling on rise upto 1.6340 is recommended for intraday trading. Expected intraday range is 1.6250-1.6340.