MENU

Published on 25/10/2019 10:43:27 AM | Source: LKP Securities Ltd

On The daily chart USDINR closed just below imp moving averages 50EMA (71.05) - LKP Securities

Posted in Currency Report| #Currency Tips #LKP Securities Ltd

USDINR

* On The daily chart USDINR closed just below imp moving averages 50EMA (71.05) If prices start trading below 70.90 in further sessions 100EMA (70.35) can be tested.

* On upside prices need to scale above 71.25 for further escalation 71.20- 71.25 acts as resistance zone.

* Technical Indicator MACD is showing signs of trend to be sideways, For the day it looks it can be in a range of 70.90 – 71.20

* 70.30 acts as major trend changer

 

To Read Complete Report & Disclaimer Click Here

 

For More  LKP Securities Ltd Disclaimer  http://www.lkpsec.com/

 

Views express by all participants are for information & acadamic purpose only. Kindly read disclaimer before refering below views. Click Here For Disclaimer