USD/INR is drifting lower and failing to sustain at any higher level - Tradebulls Securities
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USDINR
USD/INR is drifting lower and failing to sustain at any higher level. It is also trading below 20 and 50 DMA and only above 73.40 can we see momentum going upward. So sell on rise near 73.20 for tgt of 72.95 and stoploss of 73.30
EURINR
EURINR has recovered from the lows and is trading above 20 and 50 DMA. Trend is positive and buy on dips is recommended near 88.10 for tgt of 88.80 and maintain sl of 87.80.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
