GBPINR Trade Idea

30 Jan 2019 12:47 PM
 
GBPINR:-Short term trend looking bearish as the pair is trading below its 50 period EMA, while the RSI (14 period) is nearing its oversold zone - so a small correction is possibly expected before coming down. Better to play with the trend - to sell the pair on its peak. Our Preference:- Sell at 93.30-35 Target- 92.85 Stop loss- 93.55