AbhishekHSinghCMT
Long

USDINR- Magical 66.20-Here we go@67.40- Bulls Be Careful

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
115 views
1
Last Price@67.42

As expected & suggested that we will get an important clue for Index Nifty if Dollar Rupee Starts moving above 67.15.

In an unexpected move from Income Tax Department, which has carried out raids across various cities in India could likely shock the market, but I was clear that if 66.20 is on hold which shall decide market moves next. Here we go, trading at 67.42 has opened for Dollar Bulls.


Key Level@67. 15 on the top- Taken Out
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave

Comments

Bang on !! Do you have any target upside?
Reply
@nirav5, Let me work out, I shall get back to you -first let me enjoy the fullest
Reply
Nice one Abhishek. Thanks! USDINR pair has mostly inverse effect with Indian Stock market. Looks like high volatile days ahead.
Reply
@nirav5, Yes- In fact, I warned that if USDINR starts moving above 67.15- bulls to be careful as 66.20 was so strong that it never broke even after visiting it so close- not once so many times. Unfortunately, for bulls -Income Tax Raids add spice to bears.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out