Tuesday, December 27, 2011

USD-INR technicals for 28 December 2011.



The USD-INR has turned weak once again but 53.5779 should act as a strong support beyond which fresh shorts will be initiated leading to new all time lows on the downward journey . The immediate resistance is at 52.96 and then at 52.7188. The outlook on currency continues to be weak.

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