Currency Technical: USD INR Weekly Analysis for 05 Nov-09 Nov

Last Week we gave Weekly Trend Level of 73.56 We got entry on both long and short side, Long did 2 target on upside and short all target on downside. Below is the analysis and level for trading for Current Week. High of 74.40 made Exactly on 31 Oct and price showed a big correction.

 

Major Trend Change date for INR for October Month

1. 15 Oct —  High Made in Last Week
2. 23-Oct —  High Made in Last Week
3. 31 Oct — High Made in Last Week

 

Major Trend Change date for INR for November

1. 07-Nov-18
2. 19-Nov-18
3. 22-Nov-18

Major Trend Change date for INR for November Month  28 Sep 17  08 Jan 18

Weekly Trend Change:73

Weekly Resistance :73.23,73.77,74.11

Weekly Support:72.6,72,71.4

 

Levels Mentioned are for Nov Contract of USD INR