USDINR– On the hourly chart, Breakout of inverted flag happened with a big gap down to 72.01. It’s a big fall from 72.6650 to 72.01 with a very good buying signal in stochastic as well. Immediate resistance level is at 72.30.
Our Preference– Buy above 72.10
JPYINR– In hourly chart, Bullish divergence can be seen in RSI. RSI is also in the oversold territory. Immediate resistance is at 0.63550 so it is a good time to take a position.
Our Preference– Buy above 0.63330