Tuesday, July 19, 2011

Intraday Currency Outlook For 19-July : US Dollar

The U.S. dollar advanced against most of its major counterparts on Monday, while the euro came under broad selling pressure after Spanish and Italian bond yields surged to fresh euro-lifetime highs, adding to fears over the region’s debt crisis.

US Dollar/INR (July)
Current Rate : 44.65
Short Term Trend : UP
Support : 44.45-44.20
Resistance : 44.75-45.20

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