Saturday, July 24, 2010

USDINR-:may continue its fall of last friday......

Valid till-: 1st Aug 2010
Last week Closing -: 46.94
Resistance-: 47.139 || 47.4 || 47.626
Support-:46.79-77 || 46.68-665 || 46.426

As of now it seems that the pair may break the trendline support as shown in fig. which may lead the pair towards 46.426 and depending on day-momentum it may see a low of 46.275 in the next week. However, if it consolidates along trendline Support then it may see a high of 47.626.