Has Indian Rupee made Short term Top, Weekly Analysis

By | September 2, 2013 11:22 am

USD INR Hourly

usdinrh4USD INR Hourly charts have pulled back from Fibo Channel and heading towards the support of 65. Holding the same bounce back can be expected. towards recent high again where it might form a double top and start its bearish journey.



USD INR chart  As par Gann Fann INR is a top of fan suggesting short term correction on cards.It has made top on Gann fan and has started its downward journey .Support exits at 64 at next gann fan level.

USD INR Weekly


Weekly charts tried moving above the weekly trendline but failed to do so. Suggesting short term bearishness in INR.


USD – INR Trend Deciding Level:67

USD – INR Resistance:67.55,68.7 and 69.5

USD – INR Support:66,65.3and 64.4

Levels mentioned are USD – INR August Future

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Category: USD INR Technical Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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