USDINR- Zone of 67.15-67.41 to act as a polarity reversal zone

7 thg 12, 2016

Dollar Bulls could return back in the polarity reversal zone of 67.15-67.41 which was an earlier resistance zone- if that zone holds & gives an impression of bouncing - likely it travels beyond recent high 69.05.
This zone of 67.41-67.15 had multiple resistances & troubled USDINR to move up in the last few months as it has been taken out convincingly that zone likely to act as support zone in coming sessions.
Critical Level is 67.15 -which should not be crossed downside or Dollar Bulls could get more hit from short term view.

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