Jan 04 2019

USDINR Trade idea

USDINR- According to half hourly chart, this pair seems to rise for a certain level. Stochastic is at 13,ready to give bullish crossover signal and currently standing in oversold territory. Relative Strength Index of 14 day period is at 38 which is near to its oversold zone.

Our Preference- Buy at 69.90

Target- 70.20

Stop loss- 69.75