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Mtechtips
MCX-SX USDINR INTRADAY trading analysis 15-01-2016
Mtechtips
After breaking out the short term consolidation resistance of 67.15 levels,
USDINR saw abrupt bullish rally and tested 67.42 levels before closing at 67.41
levels. Short term trend turn out to be bullish in USDINR following the above
breakout. Immediate resistance is seen at 67.50 which coincides with 113% Fib
Ext and sustained move above this level, the pair may test 67.80-68.00 levels
and above.
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