nse usd inr weekly-both 67.95 and 67.15 targets achieved

mcx usd inr weekly technical analysis for 14 to 18 march 2016

mcx usd inr weekly technical analysis for 14 to 18 march 2016

NSE usd inr future this week closed with loss. This was second losing week for dollar rupee future. In these 2 weeks dollar slumped from 69+ high to 67 low.   My both lower side targets of 67.95 and 67.15 are achieved. Usd inr future trend and momentum both are bearish. Below 67.15 it will get worse for dollar and expect lower levels up to 66.55 to 65.8.   On upside 67.95 is strong resistance and below it keep sell on rise view. Below 66.9 we will see weekly chart breakdown.

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