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usdinr support resistance

Oleh pratik2358
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crudeoil important factor for india and is going in the country's side will appreciate Indian currency and a lottt more !
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whats next ? 70.85 hurdle below this if stays weekly then 69

if cross n sustains above then 71.78
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follow the level of 70.802 // 70.85 .. with same sl on either side one can inititate trade now , it depend on trading skill what to be done , \ its better to create A STRANGLe WITH strikes 69.5 PE and 71.5 ce and run for expiry RISK REWARD 1::7 to 1 ::10
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here with strangle i mean LONG strangle ( i dont go short sell in options )
STRANGLE is an option strategy where things are not sure which side tide will turn , but in either side move will be good
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going well
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seems oversold will bounce back very soon to 71 . 5
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68.34//68.5 best long entry zones
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read the comment on 29 november !!!!!!!!!!
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i thought to make a strangle and even suggested personal favourite strikes here !!!!!!!
Candlestick AnalysisCrude OilindianmarketNIFTYrupeeshortSupply and DemandSupport and ResistanceUSDINRusdinrshort
pratik2358
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