USDINR: USDINR closed positive in a volatile session with intraday volatility of 57 paisa from high to low. The pair opened positive, remained volatile with an up trend during the session, closed near the session high at closing, currently quoting higher at 81.11 (in OTC). Technically, the pair break the range upward and now heading to move towards 81.17-37 in the short term, further upward move may be capped here and on the downside a slip below 80.83 could target 80.57. Intraday, the pair may find support around 80.89 and resistance around 81.15. RSI is now near 70. Globally, the dollar index remained strong, but closed negative on Thursday and opened flat on early Friday, oil remained negative below $85. Meanwhile Asian currencies opened and remained negative in the early morning. On an immediate basis 80.91 remained in support and 81.09/11 resistance for the pair. All Spot Levels. #Forex
Chartbusters - chart - 12913748