October 7, 2013

USDINR Support levels

 
 
  • Price near 100 Day SMA and 50% Retrace level. 
  • Holding above 100 SMA will be negative for the banking Index. BN Bulls need a daily close below 100 SMA for the USDINR Pair which should result in an up move for Bank Nifty.
  • US Dollar Weekly support line
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