最新棋牌红包扫雷

Technical Analysis

Daily Rupee call: Initiate shorts with stop-loss at 71.6

Akhil Nallamuthu | Updated on February 20, 2020 Published on February 20, 2020

最新棋牌红包扫雷bl research bureau

最新棋牌红包扫雷on facing significant downward pressure, the rupee (inr) declined on tuesday against the dollar (usd). it closed at 71.56 versus 71.29 – its previous close. thus, the local currency has breached important support at 71.5, opening the door for further weakness. this is despite a fall in the one-year forward spread of usdinr.

最新棋牌红包扫雷the indian currency has its nearest support at 71.65, and if that level is breached, it can potentially drift to 71.88. the price band between 71.88 and 72 can act as a considerable support band. on the other hand, if rupee recovers, 71.5 will serve as a hindrance. above that level, 71.4 can act as support.

Dollar index

最新棋牌红包扫雷the dollar demand seems to be increasing, and on the back of it, the dollar index is heading north firmly. yesterday it registered a fresh 52-week high of 99.72. if the index advances further, it could rise to the psychological level of 100. on the other hand, if it faces a correction, 98.7 and 98.5 will act as supports.

Trade strategy

today, the rupee has opened much lower at 71.79 versus its previous close of 71.56. the selling pressure on indian currency is evident, and it will most likely decline further. traders can make use of intraday rallies to initiate fresh rupee shorts. place stop-loss at 71.6.

Supports: 71.88 and 72

Resistances: 71.65 and 71.5

Published on February 20, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.
网络棋牌红包扫雷 2020红包扫雷棋牌游戏 红包扫雷接龙平台安卓软件下载 抢红包扫雷软件哪个好用 抢红包扫雷棋牌游戏