Currently we are at 106.71and have just under the WAVE 2 resistance (
R3). The target area on the break of the R3 is the R4 resistance at
107.51. Interim target is the double top at 107.14 with the big overall
target being the1.270 Fibonacci extension and resistance clutter at The live exchange rates tool allows you to instantly cross world currencies against each other at a glance.The corporate were granted the flexibility to book forward cover based
on previous turnover and were given freedom to make use of financial
instruments like interest rates and currency swaps in the international
currency exchange market.
The other feature of forex history in India is that a large sum of
foreign exchange in India came through the large Indian population
working in foreign countries. However, the common man was not much
interested in forex trading.
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