Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Breakout in USDINR and EURINR forex EOD charts

18 sec read

USDINR EOD Charts
CMP : Rs 46.12

 
Charts of USDINR and EURINR charts are shown. Both the charts shows some sort of price action similarity. Recently both the forex cross currencies had surpassed its old highest high. And the chances are little high that the old highest high points could be support on EOD basis.

Supports for EURINR : Rs65.81
Supports for USDINR : Rs45.92

Trend could reverse in shorter term if those support zone breaks on EOD basis.

EURINR EOD charts
CMP : Rs 66.53

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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