MCX-SX USD/INR DAILY TRADING STRATEGY (28/05/09)

Yesterday USD- INR June series opened at 47.6975 & went down to 47.52 to mark the low of the day. It then continued to rise to make the high of the day at 47.8925 & finally closed the day at 47.8350. Yesterday’s price action has confirmed the bullish MORNING STAR pattern. We see 48.90 as resistance & 47.40 as support for the day.
 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this post.
Comments

  • 10/14/2011 Mcx Tips wrote:
    I really appreciate your post and you explain each and every point very well.Thanks for sharing this information.And I'll love to read your next post too.

    Regards

    Mcx Tips
    Reply to this
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.