USDINR has touched the Inverted Head and Shoulder target Now, it is either retracing or reversing from the resistance point. May capture this movement with SL at top of today's high. Any bounce is a sell. If it crosses 75, next target 74.75
USD INR in an uptrend. Buy USD INR at 74.7600 Keep Strict stop loss of 74.6765 When 4 hr candle closes above 74.8800, buy more lots for the target of 75.1500
TF for analysis = 4 hrs. 74.68 a resistance, which has been tested at least four times previously. With RSI above 50, 14-MA of RSI upward sloping, MACD above 0, DI+ above 30, ADX above 30 & upward sloping; Took a trade of BO above resistance, with SL of Resistance -ATR. 74.68-0.111 = 74.575. Target for the trade in the region of 74.90 to 75. In case of gap...
USDINR is in an uptrend after taking a reversal from 73.7550. Forming higher highs and higher lows pattern on 4hr candlesticks pattern. Now is trading in a channel. As the price breaks the upper line, go long @74.6000. Keep Stoploss of 74.1867
USDINR all time high dec 2037 USDINR all time high then a huge sharp drop about 200% at that point
Got long on USDINR. Reason to buy:- 1. channel support 2. Hammer formation in the weekly chart. Don't take naked future long. Always go with a hedge - For example in my trade, I buy USDINR future and bought 73.75pe for the purpose of hedging. Note: I am not a sebi registered advisor, please don't take a trade because of my analysis. Always consult your...
The Currency Pair is at a level of being pulled off towards its 50 and 20 MA Lines and can act as a support base before it can be expected to make another movie again. The Immediate support levels look like 74.8400. The RSI seems to be calmed down with Higher Tops making flat peaks. Although RSI Convergence is yet to be seen, don't expect the pair to be too...
A parallel channel uptrend After taking a support.
All Levels mentioned on Chart your part is to manage risks wisely as you are responsible for your understandings
USDINR Only Close below 73 will be Bearish. Great Setup for Target New High in USDINR for Target 82 in next 9-12 Months.
Take profit of 2 pip when prise goes up .When prise is cross the upper line no test for retresrment .direct u buy
may be collected till 73. buy fut of feb & hold for 1-2 months. position size must be taken with care because of high leverage. target 76+.
USDINR formed a bullish hammer after entering the Daily Demand Zone. USDINR has been falling continuously for almost 10days.Looks attractive buy at around 74.48- 74.50 with stoploss of 74 for target of 75.00, 75.50, 76.00
USDINR is at the previous support level. Printed two hammer at the support level with Stochastic Positive Crossover Wait for a Dip to go long as an inverted head and shoulder pattern seems to be forming on hourly TimeFrame... Stoploss below the low of the hammer
usd inr watch it will move high.................................
I am expecting much spike in USDINR and is headed for 76.639 trade at your own risk
FX_IDC:USDINR chart for the post corona fall phase shows that the present level is at; A) 78.6% Fibonacci extension level from the Feb 2021 bottom B) Resistance line of upward channel formed since May 2021 The intersection level at 75.96-75.98 is playing as the last resistance point before its move to lifetime high of 77.