As I said last week, USDINr achieved our target 70.2. After that market corrected itself to get some breadth. Market is till in the hands of bull. Dollar will be appreciated and Rupee will be depreciated. Target is 71.5 and stop-loss will be 69.5. trailing stop-loss will be updated regularly in this post. All the best.
Note
Stop-loss is 69.6 on closing basis...clerical mistake
Note
Even though the price came below our stop-loss 69.60, the trend is in favour of bulls. So don't panic, stay in uptrend. The dollar will be appreciated in coming days
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