rjoshicool

USDINR - Short-term trend looks down

Short
rjoshicool Updated   
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
USDINR is forming lower-lows and lower-highs. Same is the case with RSI.
I see the upward side strong resistance zone remains between 78.05 - 78.10. Till the time 78.10 is not broken on the upside, I see we may see some bearish to sideways trend in USDINR during next few days.
Trade closed: stop reached

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