Dec 18 2018

USDINR Trade idea

USDINR- After today’s gap down, price could revive to cover that gap. Here we see Stochastic is likely to make bullish crossover. RSI is at 26 and seems moving upward. Stochastic and RSI, both are in oversold territory.

Our preference- Buy at 71.24

Target- 71.55

Stop loss-71.10