GBPINR CURRENCY STRATEGY : 09.54Am - 04.08.02016

GBPINR CURRENCY STRATEGY : 09.54Am - 04.08.02016

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USDINR Prices  failed to fall below the recent lows and rebound  from the support level to end with bullish candle.  This is  indicating for pattern failure, however, confirmati on of the same will come only on the cross of 67.49.

GBPINR

 GBPINR  opened the past session with positive gap and  concluded the same with bullish candle. This has  confirmed the bullish breakout in the patter and no w we  expect that prices can travel up to 90.30 and 91.50 levels.

 EURINR Pair  maintaining its bullish stance ended the past sessi on  around the rising resistance line which is at 75.60 . Surpass  of the same can take the prices to higher levels of 76.  Daily MACD is sustaining well above the signal line and is  supporting the bullish outlook.

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