USD/INR is consolidating on charts so traders can use the strategy of sell on higher levels. If this week USD/INR sustains below the level of 52.9500 then below the level of 52.6000 USD/INR can test the level of 52.4000/52.2000/52.0500.
Resistance3- 54.3100
Resistance2- 53.5900
Resistance1- 53.1300
Pivot Point- 52.8700
Support1- 52.4100
Support2- 52.1500
Support3- 51.4300
STRATEGY
For this week 49.5000 and 48.0000 will act as major supports and 53.8000 and 54.9000 will act as major resistance in USD/INR.
Resistance3- 54.3100
Resistance2- 53.5900
Resistance1- 53.1300
Pivot Point- 52.8700
Support1- 52.4100
Support2- 52.1500
Support3- 51.4300
STRATEGY
For this week 49.5000 and 48.0000 will act as major supports and 53.8000 and 54.9000 will act as major resistance in USD/INR.
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