Dealmoney - Commodity Daily - 27-Jan-20
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Dealmoney - Commodity Daily - 27-Jan-20 | Download pdf |
USDINR
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USDINR after testing recent low of 70.80 is trying to consolidate around these levels
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Price from last few sessions is moving up and retracing previous fall
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Pair broke range on up side and steadily moving forward
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In this up trend USD has formed rising wedge pattern which is bearish and looks vulnerable for fall
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If pair is not able to sustain above 71.40 levels then we could see strong down side move towards 71.00 levels in intraday