Pages

Monday, January 23, 2012

USD/INR Trend for This Week (23-27th Jan)

USD/INR is consolidating on charts so traders can use the strategy of buy on lower levels. If this week USD/INR sustains above the level of 50.2000 then above the level of 50.5000 USD/INR can test the level of 50.7000/50.9000/51.0500.
Technical Levels
Resistance3: 54.0800
Resistance2: 52.3900
Resistance1: 51.3000
Pivot Point: 50.7000
Support1: 49.6100
Support2: 49.0100
Support3: 47.3200

Strategy: For this week 49.5000 and 48.0000 will act as major supports and 52.8000 and 53.900011 will act as major resistance in USD/INR.

0 comments:

Post a Comment