Just let you know USDINR in a critical support zone Short again Just let you know USDINR in a critical support zone if it breaks 69.50 Short again for a target of 68.50 within a week.
Fundamentals:- Crude oil, Brent Oil supporting, US GDP negative, US Fade Rate Hiked, US Home sale negative. Rupee getting Strength all the way up from JPYINR, GBPINR, EURINR, and last but not least USDINR.
All Jhingalala (:
Usdinranalysis
USDINR Broke all support 69.50 can be archived till expiry.Short USDINR 69.50 can be archived till November expiry. it broke all support and Fundamental also favoring RBI also Brent oil, Crude oil all down.
All Jhingalala (:
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