You must watch French Presidential Election and German Ifo Business Climate events today. It will play a big role in Euro currency price rate. These events can cause unexpected volatility!
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USD/CHF has declined toward the support at 0.99433-0.99278-0.99147 levels before bouncing.
The Technical pattern is negative if USD/CHF below the resistance level 1.00252.
IF USD/CHF cross or close above the resistance level (0.99707), you will see above levels (0.99835 – 1.00079 – 1.00252).
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This is the time, you should remind what I had said about MCX Zinc. First, click here and read my previous Zinc report.
You can read I strongly said, “If zinc will remain below 177.25 level then keep selling for 173.3 – 171.4 levels.”
ZINC TOUCHED BOTH TARGET..!!!
So many traders commented on Zinc report. They earned approx. 5.85 point from this call. That means, per lot they earned Rs.29250..!!!
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If you want to sell anything from NSE Currencies then I strongly recommend EURINR pair. Use my below levels as targets:
How to use above level?
If it will close below to 69.59 level then sell it for 69.14. Next, if it will break and close below to 69.14 then sell it for 68.65… continue..!!!
And if it will remain above to 69.59 levels then watch it only. Buying pressure may push upside up to 70.5 – 70.7 levels.
This is sufficient information for Smart intraday traders!
what had I said about USD/INR index on 2nd Feb @00:49 AM (5:30+ GMT)? click here…
I had said, “If USD/INR index breakout/ close above the 66.705 level, then you will see 66.830-66.924-66.955-67.004 levels.”
The first target achieved USD/INR touch 66.830 level.
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