-: INHALATION :-



DGCX INRUSD

INR: on 28^th of Aug’13 hopelessly in DGCX INRUSD met the target of last post of 19^th Aug’13(likely-un-likely) by hitting a low of 142.63, while in national exchanges hits record 69.80 for current contract.

A strong suspicion for the sharp weakness of INR will never be revealed.



USDINR sept'13 contract

After the sharp weakness in INR, on Fri, 6^th Sept’13, 

some confirmation for near term correction (reversal?) with a double top confirmation in USDINR which was kept undecided on previous day. From here a near term target can expect 63-62.70 area at the same time need to stay cautious of any odd, developing in background which can put water on optimism.



USDINR spot