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DGCX INRUSD |
A strong suspicion for the sharp weakness of INR will never be revealed.
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.
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USDINR spot |
4 comments:
Hope to see 64.30-64.20(area) in near terms
Chart are indicating near term strength for the rupee but fundamentals are not changing that much, some major announcement in coming days may confirm your view otherwise there is scope of misdirection in the market.
Chart are indicating near term strength for the rupee but fundamentals are not changing that much, some major announcement in coming days may confirm your view otherwise there is scope of misdirection in the market.
Good working,calls are acting good.Hope this will be help traders as well
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