Currencies
Friday, June 29, 2012
Rupee
RUPEE:
FINALLY PATIENCE PAID OF:
Rupee made a recent high of $57.33 & from that it started to fall. It won't be able to surpass these levels as mentioned earlier(i.e-$57.30). It also closed below crucial support of $56 & closed @$55.61 today.
It can go till $54.80-$54.30 in immediate short term. One should watch out this level for further Trend in RUPEE.
& if sustain below it then target2-$52.67 for short term.
Although Medium term outlook for Rupee is still bullish & very strong till its above $51 as mentioned earlier.
FINALLY PATIENCE PAID OF:
It can go till $54.80-$54.30 in immediate short term. One should watch out this level for further Trend in RUPEE.
& if sustain below it then target2-$52.67 for short term.
Although Medium term outlook for Rupee is still bullish & very strong till its above $51 as mentioned earlier.
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Indian Rupee Exchange Rate