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Wednesday, November 16, 2011

Indian Forex Tips: Trading Strategy for Today

  • Dip in USD/INR towards 50.74 is a good buying level with a stop of 50.63 for a target of 51.05.
  • Dip in EUR/USD towards 1.3435 is a good buying level with a stop of 1.3390 for a target of 1.3550.
  • Dip in GBP/USD towards 1.5752 is a good buying level with a stop of 1.5715 for a target of 1.5840.
  • Rally in USD/JPY towards 77.31/42 is a good selling level with a stop of 77.80 for a target of 76.78.

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