Tuesday, April 27, 2010

USDINR - Has the down move ended...? - by Nayan Bipin Doshi

2 comments:

akshaysc said...

Well, even if it has not ended, it is close to being so. Although I have a different count to the one u have here, the underlying message is the same. With every1 being too optimistic, the bottom for the USDINR is near.....

KRG said...

Many currencies are losing momentum against Dollar including INR (and hence started looking like ending diagonals) and a knee-jerk "B" targetting 50 would do nicely...

Cheers