3 Jul 2015
USDINR
Today - USDINR made a high of 63.65 and closed around 63.40(-0.25)
and low made 63.40.
It is trading with negative bias and close below 63.35 would
take prices further downside.
High volatility is expected because of international events
till 5 July 2015.
We expect USDINR to trade lower till 63.91 is not breached. For
time being we will go with sell on rise strategy. A good entry point can be 63.60-63.50
for lower targets.
Concluding: USDINR should touch 63.05-63.20 unless it
breaches 63.90.
…stockstopp(stockstopp@gmail.com-9320926785)
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