Investment in USD INR Currency or Trading


If you are turning to stock exchange to multiply you money, then you must remember one basic rule that you should always search for new and different opportunities.

There are many areas where you can gain profit, by trading in stocks equity or derivatives or currency futures and options.


Here we will explain you the levels of USD INR for investment or trading.
On daily or weekly chart, we can see USD INR is very range bound for almost a year and it is trading between 66.2 to 67.7.
also RSI shows it is near to 50 value, and after march there is dip in USD means INR becomes strong. after touching Rs 68 value USD corrected below Rs 64.
Now again USD is gaining strength, currently USD is trading at 65.2
Short term Resistance for USD is 65.5
for little longer term Resistance is 66.2 & Support is 64.8


Note - Investing in share is subject to market risk, always trade with strict stop loss and book profit also keep eyes on any news related to company you have invested. If you like this idea then please advice from your financial adviser or try to study more about company before investing.
This buy call is purely suggested based on technical charts.

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