Pair is touching upper end of its channel resistance, so most likely it will fall from current levels, so try to execute your trades as fast as you can.
Today's Open @ 54.19
Today's High @ 54.31 so far
Reference Link: Rupee Take Profit
Thursday, December 15, 2011
Dollar-Rupee Looks Toppish For Now
Dear Traders as predicted on 23rd November, 2011 Dollar-Rupee is very much close to its targeted level of 54.50 and looks "Toppish" here. So it is advised that anyone who is running long should take TP here and sell forward because one year premia is also very attractive at the moment. (Please refer the Daily chart attached below)
Pair is touching upper end of its channel resistance, so most likely it will fall from current levels, so try to execute your trades as fast as you can.
Today's Open @ 54.19
Today's High @ 54.31 so far
Reference Link: Rupee Take Profit
Pair is touching upper end of its channel resistance, so most likely it will fall from current levels, so try to execute your trades as fast as you can.
Today's Open @ 54.19
Today's High @ 54.31 so far
Reference Link: Rupee Take Profit
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