USDINR Strategy : 22.08.2016
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After consolidating around 66.84 -66.95 for the last few days, USDINR pair re-bounced on Friday and ended 67.12 gaining 0.22%.
The pair has breached intermediate resistance of 67.03 and has settled above it now next resistance key resistance is at 67.20 of major slating trend lines. For the session we expect the pair to test the immediate resistance of 67.20 -67.22.
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After consolidating around 66.84 -66.95 for the last few days, USDINR pair re-bounced on Friday and ended 67.12 gaining 0.22%.
The pair has breached intermediate resistance of 67.03 and has settled above it now next resistance key resistance is at 67.20 of major slating trend lines. For the session we expect the pair to test the immediate resistance of 67.20 -67.22.