Tomorrow USDINR we may see more recovery or sharp up mov for USDAs per Technical and chart pattern there's a strong support at 71.50 it can bounce back for the next level target of 75-76. but tomorrow we may see more recovery in USDINR if RBI and Government meeting favored fundamental or it can took sharp up move for USD.
Let's see tomorrow what happens
USDINR
short USDINR around 72.20 sl 72.40 for target of 71.90 and belowusdinr is trading around resistance of 72.20....one may go short tomorrow
USDINR buy setup (low risk high reward-For aggressive traders)Buy USDINR above 73.10
T1: 74.50
T2: 75.35
T3: 75.80
T4: 76.40
T5: 77.60
T6: 79.50
SL: 72.10
USD/INR Long Opportunity From 72.8000 USD/INR long From 72.8000
Target Point 74.3000
Stop Loss 7250
Stay Tuned.......!!
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my USDINR levels for short Term tradingas per OANDA exchange ...my levels for trading USDINR
i will buy near 73.20 with sl 72.80
and
Sell near 73.70 with sl 74
USDINR levels for october series #CURRENCY I personally am bullish on rupee and bearish on USDINR , looking TO CREATE MORE SHORT POSITION!
Rupee to get even weakerUSDINR went in a trading range at 73 and stayed there for sometime.
Now it seems to have broken out strongly above the 73 level.
Buy USDINR at 73.15 Stoploss 72.6 Target 73.7
USD/INRBuy dollars as it is strengthening on the back of liquidity tightening in US. Further EM curries are facing more of a contagion. Rupee to shortly reach upto 75 levels.
Do not trade basis this, as I am a novice and I am posting this just to check if my views hold true.
USD INR & Loksabha ElectionOur job is to trade not investigate the reason behind the rise in usd inr before election.
longone day candle should close above the prescribed buy level
refer chart for details
it is so bullish will reach that level
levels for usd /inr usd inr seems overbought in the current s cenario and thus i expect or see a fall in the counter to the levels of a rupee or more fall in coming days
