As realized, the chart of USDINR looking that it has break the support of 71 levels and if it closes around these levels, we may bet it to go for big downfall in dollar in coming days. Traders are suggested that they may short the USDINR at current levels for target of 70.20 levels with strict SL of 71.10.
Trade active:
Still more downside expected upto 70.50 levels.
Trade closed: target reached:
Partial profits booked around 70.50 levels