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Mtechtips
MCX-SX USDINR INTRADAY trading analysis 14-01-2016
Mtechtips
USDINR gain 0.47% and trading at 67.28 in morning trade tracking weakness in
local as well as Asian stocks which took cues from steep losses in the US
markets as investors worry over the global economic growth on falling crude oil
prices.Today, a break and sustain move above 67.40 could result in abrupt
bullish move in USDINR, and pair may test 67.52-67.80 in days to come. On the downside immediate support is seen at
67.05-66.80.
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