December 9, 2016

Mtechtips MCX-SX USDINR INTRADAY trading analysis 08-09-2016
MTECHTIPS USDINR continued its recent downwards trend and after witnessing a gap down opening at 66.5350 compare to previous close 66.7325 settled at 66.5725 levels. On the EOD chart a high wave candle stick formation after more than 1.10% fall is appear to set momentum upside move before next any correction. Further, pair would need to trade below 66.50 in order to test 66.15-66.00.
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