USDINR 2016 Diary- Retrace to 67.00-67.05 & Upside against 66.26

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
In the last update@28th Dec2016- When it was trading at 68.10- expected retracement to 67.00-67.05 which will be 61.8% of the latest explosive rally from 66.26 to 69.05 -shall get support on the trendline connecting 58.26 lows in May2014 passing through 66.26.

If that gets broken, then finally 66.26 should act as support

Good News for Rupee Bulls they can become happy once 66.26 gets broken-key level & later dips below critical level-65.95

This is how we moved in 2016

Click on the charts & Use load bar feature

Impatient about acche din(good days)- 65.95 & 66.20 Important Support Level

Another Clue for Indian Markets

Magical 66.20 level

USDINR-Nifty- Strong Bonding & Waves

67.15-67.41 to act as polarity reversal zone

Amazing U-Turn from 67.15-67. 40 Zone

Are you ready for 71.50 post Jan2017 Against 66.26

Trade active: 07:27 Hrs 1st Feb2017

Heading Close to 67.00 - 67.05

Trade closed: target reached: 22:22 Hrs 2nd Feb2017


Kissed & Clicked 67.15 from 68.35

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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