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Published on 22/01/2020 9:58:40 AM | Source: LKP Securities Ltd

Overall prices can be in range of 70.75-71.40 - LKP Securities

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

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* On The daily chart USDINR Fut closed positive giving a small green candle close, prices can be taking basing range near 70.90-71.40. Thus supports are placed at 70.90-70.70. 71.30-71.50 will keep acting as new supply points.

* Overall prices can be in range of 70.75-71.40. Technical Indicator MACD is showing signs of trend to be sideways to positive for few sessions, For the day it can be in a range of 71.20-71.32 below 71.19 shorts can be seen towards 71.12 & above 71.32 rally towards 71.38 can be seen.

 

USDINR FUT CHART

 

Dollar Index Chart

 

 

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