Mtechtips MCX-SX USDINR INTRADAY trading analysis 15-07-2016
MTECHTIPS USDINR extended its recent bearish trend and after hitting a low of 66.9650 settled at 67.0125 levels. A breakdown of crucial support 67.20 and Head & shoulder pattern breakdown is indicating for bearishness in USDINR and any rise towards 67.15-67.20 is expect to attract short term selling activities. on the upside, resistance is seen at 67.50 sustain trade above it will expect to test 67.75-67.90
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