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Way2wealth | 05 Mar, 2018  | Follow Author | Add to my Favourites 
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In  the  last  session  USDINR  pair  traded  in  the  narrow range  and  ended  with  minor  gains  at  65.37.  On  the daily  chart  pair  is  moving  along  with  the  rising  trend channel  and  according  to  that  the  immediate  support is  at  65.18  and  moving  forward  the  pair  is  likely  to extend  its  gains  till  the  intermediate  swing  high  of 65.67  levels.  Thus,  we  recommend  buying  around 65.35 levels for targets of 65.65 levels for the day.


After  almost  making  triple  top  formation  EURINR  pair opened  slightly  lower  at  79.88  by  breaching  the immediate  trend  line  support  during  last  session.  The pair  giving  bearish  breaks  down  for  the  short  term trend  line  likely to  correct the pair till the supports of 79.00  then  78.30  levels  in  coming  sessions.  Thus,  we recommend selling around 79.75 for down side targets of 79.35 then 79.00 levels for today’s sessions.

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.