USDINR :- Technically overbought on daily and weekly charts , currently holding above 14 day SMA. Momentum indiactors on hourly charts like RSI indicating to sell with MACD above zero line.
Our Preference:- Sell at 67.40-67.45
Target – 67.25-67.30
Stop loss – 66.52
EURINR: – Seen taking support at around 79.50 levels , trading above 21 day SMA. Momentum indicators like RSI is neutral with MACD below zero line giving buy signals.
Our Preference: – Buy Around 79.70-75
Target – 79.90-79.95
Stop loss – 79.60
GBPINR: – Pair has recovered on daily charts, holding above 5 day SMA. MACD above zero line and RSI indicating to sell for intraday.
Our Preference: – Sell around 91.20
Target – 90.90-90.95
Stop loss – 91.32