* 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
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