USDINR : Technical View : 19.11.2019
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* The USDINR pair during it’s Monday session closed flat – 0.03%.
* But, the pair has been trading above it’s Parabolic SAR, which confirms bullishness.
* Also, the pair has been trading above it’s Ichimoku Cloud which indicates strength in the counter.
* Additionally, a momentum indicator RSI (14) has sustained above it’s 50 level which confirms power to the bulls.
* Hence, we expect bullish move in USDINR future towards 72.09 level.
* But, the pair has been trading above it’s Parabolic SAR, which confirms bullishness.
* Also, the pair has been trading above it’s Ichimoku Cloud which indicates strength in the counter.
* Additionally, a momentum indicator RSI (14) has sustained above it’s 50 level which confirms power to the bulls.
* Hence, we expect bullish move in USDINR future towards 72.09 level.