Currency Daily Report – 09/04/2012

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USDINR-

On daily charts, USDINR is facing stiff resistance around 51.5000. If it is able to cross this trend line acting as resistance then it may move towards the level of 51.7200.

 

JPYINR-

On hourly charts, JPYINR looks bullish above 62.5650 after which it will find its next resistance around 62.90.

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