USDINR futures opened strongly higher in the last session and prices consolidated for the whole session in the range of 65.20
Prices have recovered after taking strong support around 61.8% Fibonacci retracement of its rally from low of 63.89 till high of 65.12, which is placed at 64.75 level.
Prices are expected to rise further from these levels towards next strong resistance placed around 65.60 level.
EURINR futures opened sharply lower in the last session and prices consolidated for most of the session in the range of 75.90-76.10 levels.
Prices have corrected sharply after breaking down from its symmetrical triangle chart pattern and are expected to correct further
from these levels towards next strong support placed around 38.2% Fibonacci retracement of its rally from low of 68.21 till high of 78.29, which is placed at 74.45 level.
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