Published on 14/11/2019 10:50:28 AM | Source: LKP Securities Ltd

Prices have closed above 72.00 with strong green candle - LKP Securities

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

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* On The daily chart USDINR closed strong after flat opening. Prices have closed above 72.00 with strong green candle. Going ahead 72.20-72.45 shall act as supply points.

* On upside prices can scale in bullish trend escalation, till the time above 71.20. On the downside 71.25-71.10 shall act as base support level, which shall act as buying opportunities.

* Technical Indicator MACD is showing signs of trend to be flat to positive, For the day it looks it can be in a range of 71.90-72.35


Dollar Index Chart



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