It may take a support near 72.6 and bounce towards 73.5. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
USDINR is trading under the descending triangle which is a bearish chart pattern and if it breaks the lower purple line, then we may see targets marked with the black lines. If it falls, it would Impact BankNifty positively and we may see BankNifty trading at higher levels. To motivate me, Please like the idea If you agree with the analysis. Happy...
Both USDINR and DXY have been trending downwards since March and finally USDINR has made a base at 72.7. It has already started showing strength in and is forming an upward channel. It is likely to test the upper end of the channel by end of this expiry. Target of 74.5 by end of this month. Stop loss daily close below 72.25. It can still go higher if the...
USD/INR Target is 73.718 as it got the neck line range of 0.255 points of movement, hence after price broke the resistance it will move unto 73.718 within few days. Its a 15 minutes chart. N.B. Do Trade Or Invest before consulting your financial advisor. .
USDINR - is travelling in a channel buy every dip and sell every rally
Amid the market volatality the usdinr is slightly away from observation but here the setup formed in it is very promissing looks good for buy ,it can take support from this level because it is a strong support on chart
USDINR has made a Inv HnS pattern and broken above it, now making a bullish pole & flag continuation. If flag Breaks up, rally may continue in the channel pattern making more flag n pole continuation patterns. inv HnS has broken the previous downtrend channel.
USDINR showing a flag with Inverted Head and Shoulder If Breaks Up or Down, may give us good returns in intraday
Buy USDINR 73.38/- Looks super awesome ( JANUARY FUTURES ) SPOT ITS different price , i am talking about January futures , spot its hit support
Note: This is for educational purpose only. There seems to be a bullish reversal from demand zone with increasing volumes.
With a possibility of Dollar rise, good change that USD/INR will rise as well.
INR should first appreciate towards 72-71.60 then it should reverse from there for 78-80 levels. Weekly close below 70 will be bearish for USD.
USD INR has been respecting Harmonic Trading Patterns at every stage. Will it oblige this time too? If yes then if 73.25 holds 74.50 (falling trend line) could be retested.