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Published on 25/09/2019 12:17:40 PM | Source: ICICI Direct

We expect the US$INR to find supports at lower levels - ICICI Direct

Posted in Currency Report| #Currency Tips #ICICI Direct

* The dollar-rupee September contract on the NSE was at 71.05 in the previous session. Open interest declined 15.99% in the previous session

* We expect the US$INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions.

 

US$INR Spot

Buy US$INR @70.83 Target 71 Stop Loss 70.71

 

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