USDINR technical outlook
USDINR Daily pivot point levels
|
S2 |
S1 |
PIVOT |
R1 |
R2 |
|
55.65 |
55.86 |
56.05 |
56.3 |
56.55 |
free currency derivatives tips for tomorrow
USDINR continued to rally on upside and made new high for 2012.dollar index as expected crossed 82 and now may be this time may show 85 as weekly chart predict.today news is following that RBI intervened and may be tomorrow.traders should stay long with stoploss of 56 and keep targets at 56.55 to 56.9.below 56 we may see dip upto 55.65.
for intraday currency option traders,56.5 call option of jul expiry will be great pick with stoploss of 56!!
*USDINR SPOT chart for 19 jun 2012:-
