USD INR Weekly Forecast 23-25 Jan 2024

By | January 22, 2024 10:02 am

USD INR lacks a distinct directional bias, making it more favourable for intra-day scalpers and jobbers. Short straddle and short strangle trades continue to be popular strategies, though caution is advised. Traders should maintain appropriate stop losses and opt for smaller position sizes to mitigate potential risks. The anticipated trading range for USDINR is projected to be between 82.80 and 83.50, with discernible support and resistance levels at regular intervals.



USD INR broken gann angle support zone.

USD INR Supply Demand Zone

India Rupee Supply Demand Chart : Demand in range of  82.75-82.80, Supply in range of 83.15-83.230

USD INR Harmonic

Price is forming the D Leg of SHARK  Pattern heading towards 82.80/82.65 till below 83.25

USD INR Astro/Gann Trend Change Date

Major Trend Change date for INR is 23 Jan

Weekly Trend Change: 83.05

Weekly Resistance: 83.20,83.40,83.65

Weekly Support: 82.80,82.65,82.50

Levels Mentioned are for Feb Contract of USD INR

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