Currency USD INR Technical Analysis

By | April 2, 2013

As per readers request discussing the USD INR technical analysis and Intraday trading levels.

USD INR 4 Hour Chart

usdinrh4

USD INR 4 hour chart is trading in a perfect symmetrical triangle , volatility has almost died signalling the advent of big move in round the corner.

 

 USD INR Daily Chart

 

usdinrdailyBreakout on daily charts come above 54.7280, stochastic is in consolidation zone singalling breakout can come in day or two.

Buy above 54.7000 Tgt 54.7850,54.8950 and 54.59000 SL 54.6675

Sell below 54.5900 Tgt 54.5050 and 54.3950 SL 54.6150

Levels are mentioned are USD INR April Future

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2 thoughts on “Currency USD INR Technical Analysis

  1. Bramesh Post author

    Dear Sir,

    These are correct values, INR USD trades in 4 decimal places keep this in mind have kept such levels.

  2. parminder

    Hi
    Bramesh
    Kindly correct the value for Buy in USDINR
    Buy above 54.70 and tgt 54.79 ,54.89 and ……. typo error
    Regards

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