Buy USDINR; target of 65.25: Way2Wealth

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USDINR futures opened higher with gap in the last session and prices consolidated for the whole session in the range of 64.70-64.83 levels. Prices have been trading in a narrow range of 64.40-65.10 in the previous few sessions after breaking out from its short term declining trend line resistance. Prices are expected to move higher from these levels if sustain above the level of 64.90 towards next resistance placed around 65.25 level.

Pair : USDINR
Action : buy
Entry : 64.90
Target : 65.25
Stop Loss : 64.65

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