Monday, 21 January 2019

USDINR has resistance at 71.50 prices



USDINR spot prices is at middle band of the Bollinger after trading higher in the last two weeks. USDINR has resistance at 71.50 prices are likely to hold below it and trade lower towards 70.70 in the coming 1-2 sessions.

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Volume and Open Interest suggesting an accumulation in USDINR

USDINR futures prices were seen consolidating while  volumes  and OI were seen increasing suggesting accumulation.