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venkatfx

USDINR Target - 83 usdinr price is at multi month support line

U.S. Dollar / Indian Rupee (FX_IDC:USDINR)  
venkatfx  
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Trend Analysis usdinr-forecast USDINR usdinranalysis usdinrlong
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trendanalysis usdinr-forecast usdinr usdinranalysis usdinrlong
as on 10 march closing usdinr price is at multi month support line, friday RBI FX data indicated RBI bought 2.5 Billion dollars. so till this support line holds one can buy usdinr for Target of 83. Pattern looks ascending triangle till now. on 13th march opening and closing price is above this trend line then we can see 83 in march 23 for sure.
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