USDINR bullish Target 69.946, Target 70.086
USDINR short term pullback possible @69.483
USDINR forming & heading towards Inverse Head & Shoulder Neckline @ 70.14 for the week. Break should see it move towards 70.90+ levels over the coming days.
#USDINR bullish short term target 69.80. Fundamentals. #wtiCrudeoil will back up this week from 54 to 56, cues RBI has puts out revised circular on stressed assets, and rate cut policy still in effect.
USDINR is possibly in a corrective stricture. Flat or a running flat - upon completion it could break to the downside.
USDINR short term bearish. crude oil got broke all the way as it was the only fundamental for usdinr
USDINR bullish again. If Crude oil drops a little bit or more I don't think usdinr will hold bullish momentum.
27 May 2019 Short EUR/USD @1.11977 StopLoss 20 Pips @1.11777 TakeProfit 20 Pips @1.12177
From what I see, USDINR has finished a Triple wave WXYXZ pattern. Its now moved to the lows. I guess we will see a brief consolidation and post that, the pair might breakout and continue to go to the downside and retest its previous lows and possibly make a new lower low on the 240 time frame.
24 May 2019 Long EUR/USD @1.11896 StopLoss 20 Pips @1.11696 TakeProfit 20 Pips @1.12096
23 May 2019 Short EUR/USD @1.11422 StopLoss 20 Pips @1.11622 TakeProfit 20 Pips @1.11222
22 May 2019 Long EUR/USD @1.11608 StopLoss 20 Pips @1.11408 TakeProfit 20 Pips @1.11808
USDINR is consolidating in downward moving channel which is clearly seen on chart. Death cross (50 DEMA below 200 DEMA) point was crossed by pair but didn't sustain above it. Market will look for pair to close below 69.10 for start of downward move towards bottom of channel. Trader should hold short till the time pair is trading in channel or death cross doesn't...
17 May 2019 Long EUR/USD @1.1176 StopLoss 20 Pips @1.1156 TakeProfit 20 Pips @1.1196
USDINR - Breakaway levels Pls do your TA. Educational only.
16 May 2019 Long EUR/USD @1.12092 StopLoss 20 Pips @1.11892 TakeProfit 20 Pips @1.12292