BharatJhunjhunwala

While all are busy with Nifty and stocks we must not ignore that

Long
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
While all are busy with Nifty and stocks we must not ignore that the USDINR has registered a breakout from a 6 months symmetrical triangle. The RSI is well placed into bullish zones with the pattern target placed at 74. However a break below 71.55 will render the pair into consolidation again.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
http://www.prorsi.com

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