As per readers request discussing the USD INR technical analysis and Intraday trading levels.
USD INR 4 Hour Chart
USD INR 4 hour chart is trading in a perfect symmetrical triangle , volatility has almost died signalling the advent of big move in round the corner.
USD INR Daily Chart
Breakout on daily charts come above 54.7280, stochastic is in consolidation zone singalling breakout can come in day or two.
Buy above 54.7000 Tgt 54.7850,54.8950 and 54.59000 SL 54.6675
Sell below 54.5900 Tgt 54.5050 and 54.3950 SL 54.6150
Levels are mentioned are USD INR April Future
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These are correct values, INR USD trades in 4 decimal places keep this in mind have kept such levels.
Kindly correct the value for Buy in USDINR
Buy above 54.70 and tgt 54.79 ,54.89 and ……. typo error