Dollar rupee Future Daily Chart Analysis
Dollar rupee future of March expiry on last trading session closed at 69 with gain. 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. And we saw low of 68.4 and USD almost got both my super bearish target zones. now watch 69.6 rupee level as major hurdle here, blow it super bearish trend will remain intact while above it expect strong recovery in USD.
Dollar rupee future weekly chart analysis
Dollar rupee future on weekly chart showing gains for this week. This was first gaining 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.
https://www.youtube.com/watch?v=q3GJmHqRI6Q
For genuine NSE Currency tips with support and follow ups, subscribe to our Forex advisory services.
Share It
BLOG AUTHOR
Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
0 comments:
Post a Comment