USDINR: USDINR closed positive in a volatile session with intraday volatility of 38.5 paisa from high to low. The pair opened flat, moved higher and extended the gains during the session, closed near the session high at closing, currently quoting higher at 82.33 (in OTC). Technically, the pair triggers upside in uncharted territory with a near overbought zone, however further upside is expected getting support around 82.07-13 zone, unless this is break, we expect the market to trade with an upward trend. Intraday, the pair may find support around 82.25-17 and resistance around 82.37-57. RSI is above 70. Globally, the dollar index surged higher, closed positive on Thursday and opened flat on early Friday, oil remained positive above $87. Meanwhile Asian currencies opened mixed in the early morning. On an immediate basis 82.23 remained in support and 82.39/41 resistance for the pair. All Spot Levels. #Forex
(Delayed Update)
Chartbusters - chart - 13587968