320-x-100_uti_gold.jpg" alt="Advertisement">
USDINR Feb futures traded sideways, and the pair has short-term resistance at 83.30 and support at 83.05 - HDFC Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
USDINR:
Technical Observations:
* USDINR Feb futures traded sideways, and the pair has short-term resistance at 83.30 and support at 83.05.
The pair is hovering near 21 DEMA.
Momentum Oscillator, RSI of 14 days period is placed below 50 on the daily chart
MACD has been placed below a zero linewith a positive cross-over
Long buildup has been seen as price and open interest gained.
Short Term Trend: Neutral
Expected Trading Range: 83.05 to 83.35
Intraday Recommendation: Sell USDINR Feb. Fut. below 83.20/83.30 SL 83.34 Target 83.01
Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795
SEBI Registration number is INZ000171337
Tag News
Daily Commodity Market Outlook 23.12.2024 by Mr. Anuj Gupta, HDFC Securities
