USDINR showing strong support to not come down. Even Dollar index stands at 107 which is really high. All are due to current global situations and also due to the resilience shown by US economy.
At spot market USDINR is at 79.70. For 19-08-2022 if we see long side then in spot market it has to cross 79.75.
Next targets will be 79.95, 80.05, 80.20.
To go short intraday, it has to come below 79.55.
Next targets will be 79.33, 79.16, 78.98.
OI data for USDINR future for 19th Aug expiry.
Strong support 79.5
Strong resistance 79.75, 80.
At spot market USDINR is at 79.70. For 19-08-2022 if we see long side then in spot market it has to cross 79.75.
Next targets will be 79.95, 80.05, 80.20.
To go short intraday, it has to come below 79.55.
Next targets will be 79.33, 79.16, 78.98.
OI data for USDINR future for 19th Aug expiry.
Strong support 79.5
Strong resistance 79.75, 80.