USDINR – BULLISH TRADE SETUP

USDINR Short term looking bullish. Price is perfectly moving in a parallel channel. Price has made a high of 65.90 and from there it has retraced up to 61.8 % fib ratio. Price action at this level is imp.

Today’s closing is important. As of now its a Buy above 64.705 with SL 64.30 for Target 65.50-65.90.

USDINR DAILY CHART
Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.


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