Today"s currency pairs (20th February 2020)
20/2/2020

Today"s currency pairs (20th February 2020)

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Rupee opened on a negative note against the US Dollar in the early morning after a trading day off. High volatility is seen in the currency segment as Gold is touching new highs. Market shall remain closed tomorrow on account of Maha Shivratri, trade cautiously! Foreign Institutional Investors allegedly sold stocks worth of Rs 374.06 crore on Monday. The US 10- year bond is trading at 6.39 percent.




 Technical outlook: (February 2020)


EURUSD


It has major support at 1.0780 and resistance is 1.0820. 

Break and sustain below 1.0780 will take it up to 1.0740---1.0700 levels or else it can touch its resistance level of 1.0820 again.

Sell it on rise!

Trade with levels only



EURINR


Support 77.30 Resistance is 77.70

Break and sustain below 77.30 will take it to 76.90—76.50 levels else could touch its resistance level of 77.70 mark.

Sell it on rise!

Trade with levels only



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