A Bearish case for USDINR

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USDINR : A probable lower high in the India's Forex Reserves, indicating that RBI is offloading dollars. A case for move down in the USDINR, thus the appreciating local currency.

Foreign flows into India to strengthen further.

#Nifty #BankNifty #StockMarket
Trade wurde manuell geschlossen
Didn't work as thought. Market dynamics are changing and point to breakout on the upside.
Trade geschlossen: Stop wurde erreicht
Didn't work as thought. Market dynamics are changing and point to breakout on the upside.
BANKNIFTYChart PatternsdollarindexDXYTechnical IndicatorsmacromacroecomonicsniftytrendTrend AnalysisUSDINR

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