USD INR future outlook for 9 to 13 may 2016

USD INR future outlook for 9 to 13 may 2016

NSE usd inr future this week closed with loss. This was third losing week for dollar.

 

My view for us dollar is bullish and above 66.6 I suggested tgts of 67.05 and 67.4.

In this week we saw high levels up to 66.96.

 

Traders above 66.6 use correction to buy and accumulate and keep tgts at 67.05 and above it 67.4.

 

Market weakness will trigger dollar outflow means weak rupee and higher usdinr pair.

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