Dollar/Rupee
The USD/INR has moved up sharply after a swift decline. The trend is choppy and we do not expect it to become directional very soon.

Euro/Dollar
As expected by us, the Euro did reach 1.35 but failed to break above it. The trend has turned choppy and range bound again. The base for this move remains at 1.30. It is a wait & watch for now.

Dollar/Yen
The USD/JPY continues consolidating after a firm rally. However, we would see a move below 82.00 as a signal of weakness in the trend.

Dollar Index - DXY
The uptrend in the DXY has begun to subside now. Weakness can accelerate if the DXY moves below 79.75. Until then the moves can be range bound and non directional.