Pivot levels for currencies for trading on 23rd September
EURINR-I
|
GBPINR-I
|
JPYINR-I
|
USDINR-I
|
|
R3
|
71.0242
|
88.7200
|
70.0900
|
54.8700
|
Mid R3
|
70.8425
|
88.5175
|
69.8800
|
54.7013
|
R2
|
70.6608
|
88.3150
|
69.6700
|
54.5325
|
Mid R2
|
70.3488
|
87.9650
|
69.3325
|
54.2613
|
R1
|
70.0367
|
87.6150
|
68.9950
|
53.9900
|
Mid R1
|
69.8550
|
87.4125
|
68.7850
|
53.8213
|
Pivot
|
69.6733
|
87.2100
|
68.5750
|
53.6525
|
Mid S1
|
69.3613
|
86.8600
|
68.2375
|
53.3813
|
S1
|
69.0492
|
86.5100
|
67.9000
|
53.1100
|
MID S2
|
68.8675
|
86.3075
|
67.6900
|
52.9413
|
S2
|
68.6858
|
86.1050
|
67.4800
|
52.7725
|
Mid S3
|
68.3738
|
85.7550
|
67.1425
|
52.5013
|
S3
|
68.0617
|
85.4050
|
66.8050
|
52.2300
|
The Nifty’s steep climb
saw the dollar losing ground. The same could be said with other currencies too.
In the coming weak we could see the
currencies bouncing back. However more volatility could be witnessed. We have
to wait and see how the next two trading sessions endings to properly analyze
the currencies.
Happy trading!!
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