USDINR : Technical View : 03.12.2019
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* The USDINR pair faced pressure, falling by 0.11% during the last trading session.
* But, the pair has sustained above its Ichimoku Cloud which confirms the uptrend.
* Furthermore, momentum indicator Stochastic (6) has shown a positive crossover, which indicates bullishness in the prices.
* Additionally, the pair’s daily Heikin Ashi Candle has formed a strong green candle which indicates that the bulls have control.
* Hence, we expect bullish move in USDINR future towards 72.02 level.
* But, the pair has sustained above its Ichimoku Cloud which confirms the uptrend.
* Furthermore, momentum indicator Stochastic (6) has shown a positive crossover, which indicates bullishness in the prices.
* Additionally, the pair’s daily Heikin Ashi Candle has formed a strong green candle which indicates that the bulls have control.
* Hence, we expect bullish move in USDINR future towards 72.02 level.