Feb 22 2019

Trade Idea for the day

USDINR:-The price action seems struggling with moving averages (50 period EMA and 200 period SMA), though RSI (14 period) is still above 50 mark – indicating the bulls strength. Levels above 71.23 will opens the door for 71.50 mark.

Our Preference:- Buy above 71.24

Target- 71.50

Stop loss- 71.14