USDINR :- Pair touched a high of 66.90 yesterday , made a White marubozu on daily charts yesterday. Momentum indicators like RSI is neutral and MACD above zero line giving sell signals.
Our Preference:- Sell at 66.80-85
Target – 66.50-66.55
Stop loss – 66.95
EURINR: – Pair currently is trading below 21 day SMA on hourly charts , Technically pair can be bought as RSI is heading towards oversold zone with MACD around zero line.
Our Preference: – Buy below 81.25
Target – 81.50-81.55
Stop loss – 81.05
GBPINR: – Pair trading well below opening highs currently trading below 21 day SMA. RSI heading towards oversold territory with MACD below zero line giving bullish signals.
Our Preference: – Buy below 92.90
Target – 93.15-93.20
Stop loss – 92.74