Wednesday, November 20, 2019

USDINR : Technical View : 21.11.2019

USDINR : Technical View : 21.11.2019

Join Whatsapp 9841986753 
Whatsapp Number : 91-9094047040 / 91-9841986753


* The USDINR pair closed slightly positive during the previous session.

* Moreover, the pair is trading above Parabolic SAR, which confirms bullishness.

* Also, the pair has sustained above 50*200 days SMA’s, which indicates that there is still bullish 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 71.98 level.