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Home » News » Brokerage Recos - Currencies

Feb 17, 2017, 10.46 AM | Source: Moneycontrol.com

Buy USDINR: target of 67.40: Way2Wealth

Way2Wealth has come out with its report on currency. According to the research firm, one can Buy USDINR Entry of 67.00 for the target of 67.40 with a stop loss of 66.85.

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Buy USDINR: target of 67.40: Way2Wealth

Way2Wealth has come out with its report on currency. According to the research firm, one can Buy USDINR Entry of 67.00 for the target of 67.40 with a stop loss of 66.85.

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, Way2Wealth |

Way2Wealth's report on currency

USDINR
USDINR Feb futures opened flat in the last session and prices consolidated for half of the session in the range of 66.95 - 67.00.  Prices recovered later and rose till high of 67.1 3. Prices have taken strong support at its short term rising trend line and around its 78.6% Fibonacci retracement level of 67.00. Prices are expected to recover further from these levels towards next strong resistances placed around 67.40 and 67.6 0 levels.   

Pair : USDINR
Action : Buy
Entry : 67.00
Target : 67.40
Stop Loss : 66.85

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here

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Buy USDINR: target of 67.40: Way2Wealth

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