Strategy: for the traders can go for short @ 64.84-82, for the target of 64.40, will also get premium.
Strategy for Business:
Exporters: Suggest to hedge @ 64.90 30% of their exposer, and 64.80 balance 40% of their 1 to 1½ month exposer, And balance open.
Importers: No need to hedge @ this levels, go open till the 64.40 @ 64.40, hedge at least 50% exposer. And remain open till next move.
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