Does Dollar at Support?

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
USDINR after reaching its high level range 72.20 is trying to test -- support range of 71.20-71.40
Any break down in any levels may lead to the further down levels of 70.48.
On the Resistance side, it may test 72.53 & 73 levels in the coming days.

Be Cautious with each trade.

Market Commentary|
Trade active: As said, USDINR has turnaround from the range of 71.40 and now will soon be testing the following levels on the upside at 72, 72.30, 72.44 & 72.53 in the coming days
Trade active: Dollar is Volatile.. so Whenever it reaches at the below the level of 71 it turns around to the higher levels of 71.60-71.80 levels. It means it is consolidation in between these levels making it a strong base for new high.. better be cautious. and trade is active.


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