Way2Wealth has come out with its report on currency. According to the research firm, one can Sell USDINR around 68.15 for the target of 67.70 with a stop loss of 68.40.
Way2Wealth's report on Currency
USDINR Dec futures opened lower with gap and prices continued to fall for the whole session and made a low of 67.98. Prices have been correcting after breaking down from its short term declining trend line and are ex pected to correct further from these levels towards next s trong supports placed at 67.70 and 67.40 levels. On the higher side strong resistances are placed at 68.15 and levels.
Pair : USDINR
Action : Sell Around
Entry : 68.15
Target : 67.70
Stop Loss : 68.40
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First Published on Dec 7, 2016 11:39 am