Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-01-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-01-2017
MTECHTIPS Usd inr future below 68.05 turn bearish
Dollar rupee future this week closed at 68.29 with gain. Usd inr future this week given high up to 68.46 but seeing supply on higher level might from RBI interventions. On downside 68.05 is major support and above it dollar will remain the king. We will see sharp downside for currency pair if closes below 68.05. On downside 67.5 will be target zone on breakdown.
From long term view, usdinr is bullish and heading towards 69.5 targets. On downside 67.8 and 67.2 are support zones.
WWW.MTECHTIPS.COM
07489294118-119