Happy to see INR covering some ground. Will this free fall of @USD, will it test Yearly support line of 2016 of 66.5?
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As expected, INR strengthens whilst USD has not softened in the same way against other major currencies. Good for Indian economy, but will hit software industry negatively. Target 66.5
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USDINR tumbled from 68 to near 66.5 target as predicted. Watch-out for possible bounce back from 2016 support line.