What had I said for USDINR index? Click here.
I had Strongly recommended,
Technical Report of USDINR Pair
We 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
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Create Alert! EURINR index is very close to the target
Strong Resistance: 79.0064
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)
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