Usd inr weekly-below 66.96 remain sell target 66.7 and 66.35

Usd inr weekly-below 66.96 remain sell target 66.7 and 66.35 Dollar rupee weekly technical analysis 7 to 11 November 2016 Usd inr future this week closed with loss at 66.91. This week we almost saw 0.3 rupee or 0.5% plus gains for rupee against US dollar. Rupee getting strong slowly. Dollar rupee future breakdown below 66.96 support suggesting strong bullish trend for rupee in short terms. Below 66.96 traders keep long view on rupee.   Positional currency traders below 66.96 keep sell and accumulate view on usd inr future with stop loss above 67.15 for target 66.7 and below 66.7 expect downside up to 66.35+.   From long term view, dollar rupee pair is bottoming out and above 66.4 expect upside targets of 68.8 in loner terms.

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