USDINR Trade Idea - 14 Nov

USDINR Trade Idea - 14 Nov

14 Nov 2019 11:46 AM
 

USDINR:-On a 15 minutes chart - the prices came below its short term moving average of 8 period. Momentum started turning down - RSI(14) and MACD both are heading south - towards the zero-line. Immediate support of 50 period moving average is at 71.80-85.

Our Preference:- Sell at 72.10

Target- 71.80

Stop loss- 72.25