Dollar rupee Future Daily Chart Analysis
Dollar rupee future of March expiry on last trading session closed at 69.19 with loss. On daily chart Dollar rupee future price trend and momentum are strong bearish. We saw dollar breakdown around 71.3 rupee level an on downside 70.45 was first bearish target which got achieved now next support and bearish target for dollar will be around 69.65 rupee and that level also got achieved now breakdown below 69.65 means super bearish trend for USD and lower target zones will be around 68.6 and then 68 rupees. USD below 69.65 will remain sell on rise with stop loss.
Dollar rupee future weekly chart analysis
Dollar rupee future on weekly chart showing loss for this week. This was sixth big losing week for dollar. From medium to long term view, Dollar rupee future is now entered downtrend and below 69.4 remain weak and sell for medium to longer terms. Below 69.4 if sustain then expect 64 rupee level against USD in long terms.
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