USD INR Daily
USD INR chart is forming a double top pattern and any close above 62 will invalidate the pattern. Also many brokerage are coming out with aggressive target of 65-70 on INR. Which also gives an indication of going short in INR. As par Gann Fann INR is a top of fan suggesting short term correction on cards.
USD INR Weekly
Weekly charts are also showing negative divergence suggesting pullback is on cards till 60-58 odd levels.
USD – INR Trend Deciding Level:61.49
USD – INR Resistance:62.27,63.09 and 64.28
USD – INR Support:60.71,59.90and 58.33
Levels mentioned are USD – INR August Future
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