USDINR shot up by 39 paise to 71.77 on Friday as the crude oil price shot up by 3 dollars in the wake of gulf crisis, is showing signs of abating.
On 4 hrs. chart it has come to rest at 4 days exponential moving average @71.7590. It has negative divergence with RSI and undershoot the ascending trend
line, could fall to 71.80 at 9 days exponential moving average.
On 4 hrs. chart it has come to rest at 4 days exponential moving average @71.7590. It has negative divergence with RSI and undershoot the ascending trend
line, could fall to 71.80 at 9 days exponential moving average.