Saturday, September 10, 2011

Forex Weekly Trading Technical Report 12 Sept To 17 Sept 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 46.2500 then above the level of 46.7000 USD/INR can test the level of 46.9000/47.0000.
STRATEGY
For the upcoming week 44.5000 and 43.8500 will act as major supports and 47.0500 and 47.5500 will act as major resistance in USD/INR.

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