Dollar/Rupee - Dollar/ Rupee continues to dilly dally in the range of 44.90-45.50. Technically, in the short term, the downtrend still remains intact. Only an upside technical breakout above 45.50 is needed to take a fresh look at this view.

Euro/Dollar - As per our projected view, Euro/Dollar retested and also breached its immediate high of 1.4030. The coming week may see it contine with its uptrend and target levels closer to 1.4200 on the upside.

Dollar/Yen - We had advocated a wait and watch for Dollar/ Yen last week. After seeing some sharp volatile moves in the last week, we prefer to maintain a cautious stance till clarity emerges in its trend.

Dollar Index - DXY - Last week, the DXY drifted lower and continues to remain in a short term downtrend. The technical structure of the downtrend remains intact as long as the DXY remains below 79.00.