JPMorgan Is Adding India To Its Emerging-Markets Bond Index is big positive ,Strong US Dollar Index and rising US bond yields are not allowing the USDINR to sustain at lower levels. Oil prices are in a bullish trend and can become a major troubling factor above 100 USD. As a result, range is now between 82.80 and 83.30 on spot. Incase of a clear breakdown below 82.80 on spot, it can be confirmed that trend has reversed DOWNWARD. Important resistance levels are : 83.02 and 83.16 on spot
USD INR Weekly Chart
USD INR rejected from Upper end of range one again and foremed Weekly Doji.
USD INR Plannetary Support and Resistance Line
Indain Rupee at a support of Venus Plannet line.
USD INR Harmonic
Price has completd the Deep Crab Pattern below 83 heading towards 82/81.5