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
Thursday, December 15, 2011
Monday, December 12, 2011
TP Euro Inverted Flag
Those who are running short on Euro, can take TP here at 1.3260 for now.
(Please refer hourly chart below)
Reference Link: Euro Inverted Flag
(Please refer hourly chart below)
Reference Link: Euro Inverted Flag
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