USD Inr update

A quick update on the USD INR chart .The last post was here : http://www.vtrender.com/content/usd-inr-profile-check

 

In our last post we mentioned : The flow of value seems to suggest that should the index stay above 53.98 tomorrow it has a good chance to go to 54.55.

 

Mp Usdinr 0 Usd Inr Update

 

The auction still has momentum on the buy side.

 

Notice the efforts of the RBI to sell dollars higher have met with responsive buying below.

 

The tgt of 54.85 is the next HVN above 54.55.