GundyaBhau

Range bound Long till March 2016

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
31 0 6
US dollar             appreciated against most of the currencies in last 1 year.
I expect to see some range bound short term long position to be fruitful.
The Oil             price and political situation putting pressure on USD. Can expect Trend reversal in early 2016.
Trade active: As anticipated market registered sharp rise in USD against major currencies.
Watch out for rebound from 66.6 levels to take short positions.
Trade active: USDINR Bear changes to Bull.
Stop loss of 65
Target of 66.8
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