DOLLAR RUPEE Monthly Outlook for Dec 2017
usd-inr future in november closed at 64.65 with loss.
for month of december, dollar is trading with oversold indicators and expect bounce back ahead.
below 64.95, dollar will remain weak and sell for lower targets 64.2-63.7.
if usd inr future gives recovery and breakout above 64.95 then expect bullish trend and upside targets of 65.4 and then 66.15 rupee.
from long term view, USD INR is looking weak now and might head lower towards 63.3 rupee level.