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Published on 21/06/2019 11:52:36 AM | Source: Reliance Securities Ltd

USDINR Spot had Gap down opening but failed to fill the Gap area - Reliance Sec

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

 

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USDINR Spot had Gap down opening but failed to fill the Gap area. Post that it moved lower towards 69.43 levels and closed on the negative note.

On daily chart it has formed Bearish candlestick pattern so as long as it does not give close above prior bars high trend will be negative.

On upside 69.70 is the immediate resistance and on downside 69.27 is the support level to watch.

 

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