Currency Technical: USD INR Weekly Analysis for 22-26 Oct

By | October 20, 2018

Last Week we gave Weekly Trend Level of 74 We got entry on 15/16 Oct as High made was 74.2/74.05, Closed below 74 on both days,corrected all the way till 73.35 on Friday near our  target of 73.3.

USD INR has made top as per gann angle, and break of 73.3 can see further weakness in Currency, Till 75 is not crossed we can head all the way till 72.5-72 as we enter the big corrective zone as per gann angle.

 

Major Trend Change date for INR for October Month

  1. 15 Oct —  High Made in Last Week
  2. 23-Oct
  3. 31 Oct

Weekly Trend Change:73.58

Weekly Support:72.96,72.72

Weekly Resistance:73.82,74.44

 

Levels Mentioned are for Oct Contract of USD INR

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