Immediate resistance for rupee is placed at 55.90: Bonanza

On the upside immediate resistance is at 55.90 and on the downside immediate support is at 55.42 and at 55.16.

MCX-SX US Dollar continued its downtrend against the Rupee and hit an intraday low of 55.52 on Friday. Dollar ended at 55.60 around 0.4075 percent down against the previous day close of 55.8275.

On the upside immediate resistance is at 55.90 and on the downside immediate support is at 55.42 and at 55.16.

MCX-SX EURINR pared most of its early gains and turned down. EURINR ended at 68.3450 around 0.0621 percent down against the previous day close of 68.3875.

On the upside immediate resistance is at 68.60 and on the downside immediate support is at 68.00.
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Business News › Markets › Forex › Immediate resistance for rupee is placed at 55.90: Bonanza
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