On Thursday... we clearly indicated to sell Dollar Index and
buy EUR to our whatsapp subscribers. Both proven great and we have minted money in it. Just trade with
levels only.
What's next for this week??
In the week ahead, investors will be looking ahead to
Wednesday’s data on U.S. durable goods orders for a fresh reading on the
strength of the economy. A speech on Monday by Atlanta Fed President Dennis
Lockhart will also be closely watched.
Dollar Index
Clearly indicated to sell Dollar Index with stop loss of
98.50. It made a high of 98.33 and slipped to 94.15 mark and now at 94.43. We
recommended fresh selling below 95.90 mark
Now what to expect???
Three consecutive closes + weekly close below 94.60 will see
free fall in in Dollar Index till 93.00---92.50 mark in days to come
Revise stop loss of 95.00 mark
EUR
Told to buy around 1.09 with stop loss of 1.0850 for the
upside target of 1.1250 and then to 1.15---1.18. Just made a high of 1.1498 and
now at 1.1450
Now what to expect???
Two consecutive closes above 1.15 will see further upside
rally in EUR till 1.17---1.18+ mark in days to come
Revise stop loss of 1.1350 on closing basis
Hope you all enjoyed sell USDINR and buy EURINR strategy
too... Just trade with levels only.
More will be update soon!!
