Buy USDINR above 79.50 TGT 79.96 SL 79.4450 - GEPL Capital
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Chart for the day
USDINR (Daily) - 79.50
Observation
* Prices of USDINR are at its record high level, Which indicates a strong momentum.
* Prices have sustained well above the gap which was formed on 26th June 2022.
* On Hourly chart we can spot a double bottom pattern.
* RSI is Rising and above 50,currently at 76.2, indicating bullish momentum.
Inference
* Buy above 79.50 TGT 79.96 SL 79.4450
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