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
No comments:
Post a Comment