Respect Nature

Wednesday, March 26, 2014

Usd Inr

my best guess of the daily decline in INR the pair should remain bearish while below the 63.49 high on the 27th of January & it appears to be headed to 58.89 initially before a bounce higher to around 61.45 before another swing lower to 55.73 where I would expect it to become bullish again
& near term rallys should have trouble getting above 61.87 while it continues toward the 58.89 area i mentioned

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