USDINR : Technical View : 20.11.2019
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* The USDINR pair closed negatively by falling 0.21% during the last trading session.
* But, the pair is still trading above it’s Parabolic SAR, which confirms bullishness.
* Also, the pair has sustained above it’s Ichimoku Cloud which indicates that there is still strength in the counter.
* Additionally, a momentum indicator MACD has strongly sustained above it’s zero level which confirms power to the bulls.
* Hence, we expect bullish move in USDINR future towards 71.95 level.
* But, the pair is still trading above it’s Parabolic SAR, which confirms bullishness.
* Also, the pair has sustained above it’s Ichimoku Cloud which indicates that there is still strength in the counter.
* Additionally, a momentum indicator MACD has strongly sustained above it’s zero level which confirms power to the bulls.
* Hence, we expect bullish move in USDINR future towards 71.95 level.