Sunday, January 1, 2017

USDINR TECHNICAL OUTLOOK : 2.1.2017

USDINR TECHNICAL OUTLOOK : 2.1.2017
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

USDINR, the pair after opening at 68.15 and made a high of 68.19 and saw some volatile to negative session after a gap up down opening today as most of the markets remaining shut likely to see range bound activity and likely to hover near 68.00 levels.

Fundamental Overview

US dollar retraced from the high as major players remains on the side lines with pound appreciating against dollar and YEN and Euro saw some cool off with no major data likely to see a range bound activity with no major data and global equity remaining shut likely to see range bound activity.