Weekly FOREX Outlook - 19th Nov to 23rd Nov 18

Technical based Trading and investment call 

Entry- Exit Trend Reversal+ Proper Stop loss

SYMBOL	PIVOT	RANGE	S1	S2	R1	R2
USDINR	72.25	1.16	71.52	71.35	73.23	73.40
EURINR	81.97	1.29	81.20	81.01	83.10	83.29
JPYINR	63.71	0.72	63.24	63.13	64.29	64.40
GBPINR	92.89	2.60	91.28	90.90	95.10	95.48

USDINR – NSE FUTURE

USDINR continue in down trend, also seen our last week predicted price 71.80, and made as a same low of 71.7925 (closed at 71.99).

Now USDINR looking in correction mode and can trade between strong support and resistance range of 71.80-73.00

Trading View

For short: - we can make short position If INR gives closing below 71.75 in daily chart, with stop loss 20-30 point.