Mtechtips MCX-SX USDINR INTRADAY trading analysis 25-08-2016

Mtechtips MCX-SX USDINR INTRADAY trading analysis 25-08-2016
MTECHTIPS USDINR was unable to break its support 67.06, and consolidated around 67.15 levels yesterday. On the EOD chart USDINR trading on verge of its previous swing trend line and further correction is expect to come below 67.06, else positive consolidation is appear to take place for the level 67.25-67.35 for the short term perspective. On the upside, massive resistance is seen at 67.40 sustain trade close only will expect to test 67.65-67.85.
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