Forex Views and Calls
Your destination for Forex (Currency) calls and views... intraday as well as positional.
Tuesday, October 18, 2016
USDINR TRADING STRATEGY
USDINR TRADING STRATEGY
BUY USDINR (OCT) 50% AT 66.77 & 50% AT 66.65
FOR TARGET 67.00 SL BELOW 66.54
EURUSD Technical View
EURUSD has a potential to rise upto 1.1050-70 but it would find it difficult to sustain these levels and thus can be sold on rise for trading.
TRADING STRATEGY
SELL EURUSD 75% AT 1.1050 & 25% AT 1.1070 FOR TARGET 1.0960 SL ABOVE 1.1110.
If we miss the selling range than;
BUY EURUSD 50% AT 1.0960 & 50% AT 1.0930 FOR TARGET 1.1050 SL BELOW 1.0885.
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