WEEKLY CURRENCY OUTLOOK (01/02/2010)
USD-INR:- At 45.12 it has completed the major downward pattern & turn for upside. For the coming week we see a major support at 45.85 & 47.05 is the first target & then 47.60 is second target.![]()

EURO-USD:- It is in strong downturn & may open with the gap down.We see 1.3700 as first temporary stop & then at 1.345. ![]()

GBP-USD:- It is forming a downward channel within a downward channel with increasing downward momentum. We have estimated two down targets at 1.5835 & 1.5710 for the coming week.
USD-JPY:- It has strong support at 89.10 on downside & we expect it will touch the 91.90 on upside in coming week.


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