Jan 07 2019

USDINR Trade idea

USDINR- At initial stage, Intraday traders can take buy position for near term target. Stochastic is at 8 which is in oversold zone. On the other hand, Relative Strength Index is at 25 (Oversold territory).

Our Preference- Buy at 69.30

Target- 69.55

Stop loss- 69.18