JPYINR – Continued Bullish Pressures
According to secret sources, JPYINR will try to break the 58 level. If this pair will show closing above 58 level then we may see 58.4-59 levels. And we see closing below to resistance line (red) can be a direct indication it will hit 56.8 – 56.2 levels soon.
USDINR – Continued Weakness But…
Support: 63.75 level
Strong Support: 63.5 level
Supports breakout will indicate a downtrend. I recommend selling after the breakout of support levels.
Targets: 63.15 – 62.6 levels