USD/INR

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	USDINR
ISIN:

USD/INR - USD/INR ST: above its upper Bollinger band - 09/30/2014 (GMT)

Chart + Price target(s)

Target : Upper
|
Target 1 : 62,8
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Target 2 : 63,4
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Invalidation threshold : 61,1

Timeframe : Daily

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USD/INR Chart

Our preference: the upside prevails as long as 61.1 is support.
Alternative scenario: the downside breakout of 61.1 would call for 60.6 and 60.3.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 60.9013 and 60.7372). Finally, the USD/INR has crossed above its upper Bollinger band (61.6579).

This member did not declare if he had a position on this financial instrument or a related financial instrument.