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LockWe have already recommended waiting for the crossover levels.
Bullish side rally will initiate after the crossover of 67.186 level. It will over after breakout of the following target: 67.492 – 67.852 – 68.105 levels.
Solid Support: 66.818
Support breakout means downtrend up to 66.674 – 66.444 – 66.204 levels.
This pair price will drop in upcoming days. As per the technical analysis, it’s weakening.
Target: 88.927 – 88.361 – 88.046 level.
Stop Loss is available for premium subscribers.
Strong Resistance: 79.0064
Selling pressure will increase soon. It’s very close to the resistance level. It can be dropped up to 77.8244 – 77.2010 – 76.6865 levels.
But don’t sell after the breakout of the resistance level. Why? Because of technical indicators are indicating a solid uptrend after this level breakout. It can be up to 80.1007 level.
*Events : India Nikkei Services Purchasing Managers Index (PMI)
The EURINR is oversold in previous two trading sessions, but that does not seem to matter. NSE Currency traders may buy this pair nearby 80 level.
Target: 81 – 81.5 – 82
The day trader can buy GBPINR pair up to 94 rupees. We may see a reversal soon. After a reversal end, you could buy this pair for the 96 level.
Exact entry-level and stop loss will be available for the paid members only.
According to secret sources, JPYINR will try to break the 58 level. If this pair will show closing above 58 level then we may see 58.4-59 levels. And we see closing below the resistance line (red) can be a direct indication it will hit 56.8 – 56.2 levels soon.
Touch the first target 58.4 and going to touch the second target.
EURINR suggesting a bullish pattern, support found at 78.4118 level.
You can see 79.1853 – 79.4737 – 80.0025 levels soon.
If crossover and close below the support level, you may see 78.1588-77.8300 levels.
Australian Dollar, Indian Rupee technically stronger for buyers.
You can target 51.882 – 52.389 levels.
If AUD INR closes below the 51.298 level, you may see 50.992 – 50.612 levels.
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INRBRL is technically weak, you may see 0.04902 – 0.4855 – 0.04797 levels soon.
Stoploss is available for premium subscribers
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USDINR index rising window pattern suggesting bullish signals for intraday traders.
You will see 65.351 – 65.462 – 65.594 levels soon.
For intraday traders, Stoploss is 65.073 level.
USDINR long term technical pattern suggest bearish signals. If USDINR index shows 64.917 level, then you can see 64.443 and 64.265 levels.
USDINR indicators suggest a bullish pattern.
IF USDINR crosses the hurdle level 80% bullish traders’ sentiments, you will see 64.396-64.563levels.
HURDLE LEVEL: 64.26 level
STRONG SUPPORT-LEVEL: 63.356 level
