dollar rupee future technical analysis for week 29 feb to 4 march 2016
Dollar rupee future this week closed with gain. This was third gaining week for us dollar against rupee. Usd inr future weekly chart price trend is strong bullish and indicators are with buy signals and heading towards overbought zones. For next week, usdinr future above 68.9 remain buy on dips for target 69.85. Below 68.9 expect correction and consolidation as well as target of 68 rupee. Usdinr future achieved 2016 target of 68.66 rupee and now trending towards 71 rupee level. This is medium to long term technical view for dollar. forby sms visit zone.