Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/INR breaks key resistance at 65.02 mark, good to buy on dips

  • USD/INR is currently trading around 65.09 marks.
     
  • It made intraday high at 65.15 and low at 65.03 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 64.98 mark.
     
  • Key resistances are seen at 65.20, 65.32, 65.48, 65.65 and 65.82 marks respectively.
     
  • On the other side, initial supports are seen at 64.98, 64.80, 64.68, 64.50, 64.22, 64.02, 63.87, 63.68, 63.47, 63.22 and 63.17 marks respectively.
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • India’s NSE Nifty was trading around 0.38 percent higher at 10,281.70 points and BSE Sensex was trading at 0.36 percent higher at 33,476.74 points.

We prefer to take long position in USD/INR around 65.10, stop loss at 64.98 and target of 65.32/65.48.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2018-06-19 15:32:35
0m
2018-06-19 15:31:52
0m

June 19 12:55 UTC Released

USRedbook YY

Actual

4.7 %

Forecast

Previous

4.3 %

June 19 00:00 UTC Released

NZMilk Auctions

Actual

3481 0

Forecast

Previous

January 31 00:00 UTC 201115201115m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 201115201115m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 212935212935m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 201115201115m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 212935212935m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 201115201115m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 201115201115m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 201115201115m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.