Wednesday, 14 January 2015

Forex - Chart USD/INR Update: Near-term consolidation with bias downside

04::10 GMT - Bears taking a breather within near-term consolidation andbelow the 62.260 resistance, shorts are still favoured with slip of 62.020 support to trigger extension to 61.955 then 61.910. Above 62.260 to trigger stronger rebound to 62.445 then 62.515. [W.T]
R5: 62.59 8 Jan low
R4: 62.515 9 Jan high
R3: 62.445 intraday level
R2: 62.26 12 Jan high
R1: 62.185 13 Jan high

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