USDINR - Dollar Superman- Up -Up & Away@66 from 63.50

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Last update - USDINR & Nifty Barometer Part 2- Looking for U- Turn

Last Price@65.61

Awesome U- turn from 63.50-63.75 Zone for the highs of 66. Zone of 65.95-66.05 is very important & can give resistance to the dollar bulls & we can look for a short term stronger rupee from the zone of 65.95-66.05 to 65.20-64.80 Zone where dollar could get support.

Trade active: 15:16 Hrs 28th Sep2017

Last Price@63.52

INR becomes stronger intraday from the last update.
Trade active: 07:14 Hrs 30th Sep2017

Last Price@65.28

Very close to support level of 65.20
Trade active: 12:38 Hrs 4th Oct2017

Last price@65.32

65.20-65.25 was attempted twice forming good support as expected in the update.
Trade closed: target reached: Closed at 65.32- Done
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Good morning Abhishekji.

Can I please request for an update on the USD INR pair .

Thank you and best wishes for the New Year 2018 !!!
@ShanTrader, Hello Shan, Let me check what is going on in Dollar Rupee but will do in 1st /2nd week only. Thanks
Nice sir 😄
@AkshatPatwa, Welcome. Nice to see your charts as well.
+1 Reply
AkshatPatwa AbhishekHSinghCMT
Is this USDINR oct futures? I think it closed around 65.5?
@pransss, Analysis is done on spot/cash data. You need to take the view accordingly & trade the futures managing your risk.
pransss AbhishekHSinghCMT
@AbhishekHSinghCMT, thanks, So high chances of visiting 65.95-66.05 zone again ?
@pransss, Likely yes. Could even travel beyond 66 to 66.20 zone.
pransss AbhishekHSinghCMT
@AbhishekHSinghCMT, Cool. I think tomorrow it will be flat because of RBI policy on 4th.
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