Jan 18 2019

USDINR Trade Idea

USDINR:-The Pair seems bearish for intraday, re-test of broken trend-line on a hourly chart is already done. Immediate support of 50 period EMA is coming at 70.93. On Balance volume and MACD both are following the price action in a decent way.

Our Preference:- Sell at 71.12-15

Target- 70.90 and 70.85

Stop loss- 71.24