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FOREX WEEKLY REPORT……!!!!
20-JULY-2013 To 26-JULY-2013

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FOREX WEEKLY TECHNICAL LEVELS
USD/INR DAILY CANDLESTICK CHART
TRADING STRATEGY:
USD/INR MAKING A HEAD AND SHOULDER PATTERN, A bearish pattern looks USD/INR brake neckline level of @59.60, then USD/INR touch the midterm support level
@58.00 and brake this level will touch the pattern tgt of level @57.20.
1. Sell USD/INR BELOW 59.58 TGTS 58.00/57.20 SL 60.58.

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EUR/INR DAILY CANDLESTICK CHART
TRADING STRATEGY:
EUR/INR is trading near to Resistance levels @78.45 and daily closed this level . If sustain below this level then EUR/INR touch the first support level @77.25 and fall wil
continue then touch the second support level @75.95.
1. Sell EUR/INR below 78.44 TGT 77.25/75.95 SL 79.44.

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JPY/INR DAILY CANDLESTICK CHART
TRADING STRATEGY:
JPY/INR trading between strong support level @59.00. If JPY/INR maintain this support level and brake shortterm trendline level @60.13 with volume , then JPY/INR
touch the first and second resistance level @61.27, @62.40 respectively.
1. Buy JPY/INR ABOVE 60.13 TGT 61.27/62.40 SL 58.90.

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GBP/INR DAILY CANDLESTICK CHART
TRADING STRATEGY:
GBP/INR brake shortterm trendline. If GBP/INR sustain this level then touch the first resistance level @92.47 and bullishness will continue this level then touch second
resistance level @93.68.
1. BUY GBP/INR between 90.20-90.30 TGT 92.47/93.68 SL 89.30.

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