Wednesday, January 25, 2012

USDvsINR Charts - DENIP Consultants - Dewang K Mehta

Dear All,

Following are the 2 charts for the USD VS INR. One is the daily chart and the other is the weekly chart. 
































We at DENIP Consultants believe that the inverted hammer candlestick on the Daily charts will be significant enough and should lead the dollar higher. Its time that traders start buying the dollar again and book profits on the short USD/INR trade.

Thanks,
Dewang K Mehta
DENIP Consultants Pvt. Ltd.
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