Saturday, September 24, 2011

Forex Weekly Technical Report 26th Sept To 1th Oct 2011

MARKET OVERVIEW
USD/INR is consolidating on charts so traders can use the strategy of buy on lower levels. If next week USD/INR sustains above the level of 49.60 then above the level of 49.90 USD/INR can test the level of 50.1000/50.3000.
STRATEGY
For the upcoming week 48.7000 and 47.8000 will act as major supports and 50.5000 and 50.9000 will act as major resistance in USD/INR.

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