Sell At 71.4725 Stoplss 72.900 Target 70 Reasons for Trade-1.Price formed bearish candlstick pattern near daily resistance 2.Daily Trend is down 3.Price reacted from important fibo level of 61.8% 4.Risk Reward 1;2
USDINR broke out all time support level 68.32 and enters into bearish teritoy and remain bearish from Jun 17/2019 high 69.95. current price is 68.23 following this trend we can expect futher down to 67.86 and 67.50 in a short period. Today's Gaped down usdinr and other 3 pairs eurinr, jpyinr, gbpinr gaped up. following J. powell cuts fed rate again and other...
USDINR short term bearish. crude oil got broke all the way as it was the only fundamental for usdinr
Possible target for the short is 67 area and If breaks above 72, this plan will fail.
USDINR may break long consolidation zone
USDINR's Market structure are in complete bearish mode.
Darn!! Consolidation bull flag has broken to up. After three days of consolidation, now USDINR shoot up if Crude Oil supports credibly we're going to see 71.50 near term.
Nice level to short for target 69.92 and then continues. According to price action zone USDINR 70.50 rejected also major currencies recovering
USDINR it is a complete reversal. if it breaks 70.50 then 71.50 easily possible I think.
USDINR four hour chart looks bearish.
USDINR Four hour chart looks bearish. Indicator Darvas box
USDINR Four Hour Chart Dragonfly Doji appeared at bottom it can kick up USDINR to 70.50 till EOD.
USDINR Four hour chart seems bullish Bearish flag has broken to upside. Sentiments: Crude oil up 46.33 by +0.1%, Brent oil up 54.75/+0.1, Natural gas up by +2.43%, US Dollas index up 95.80/ +0.08%, EURUSD up 1.146/+0.14%, JPYINR up .6312/+0.40%, GBPINR up 89.012/ +0.26%, EURINR up 80.4630/ +0.46%, USDINR up 70.18 /+0.08%. Technical buy signal, bearish flag has...
USDINR four hour chart looks bullish go Long 72.30 Target today or possibly next week. Stop Lose 71.60 Technical buying signal, trend lines respected, fundamentals Indian market looks consolidating for a bearish dip and can be seen profit booking Friday and Monday