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EURO-INR:- Euro-Inr is forming the upward correcting FLAT formation. Within this flat formation it is forming the very strong C wave. It has formed the high of 61.32 against our expected range of 61.25-81.84, & started declining. We see it finding the support at 58.30.

GBP-INR:- It is rising within a channel with very strong momentum. For the coming week we see 70.50 as strong support & 74.85 as resistance.

JPY-INR:-  Last week it made the high of 54774 against our expectation of 55.00, & started descending. We see its decline to find support in 52.20 area in coming week.

EURO-USD:- Euro is forming the upward zigzag correction. This zigzag has turned out to be one larger degree than what we were estimating. It is under strong upward momentum & may last for one more week before it terminates. In our estimate it should touch the 1.3115-1.3240 range.

GBP-USD:- It has resistance at 1.5525 & support at 1.5125.We see it heading for the support during the week.

USD-JPY:- During the initial part of the week we see it declining to 86.00 level to terminate the larger degree wave & then bounce off swiftly towards the 89.00 level.

DOLLAR-INDEX:- During the initial part of the week it should make a small tick below 82.25 & then start rising towards the 83.60.