Technical Analysis
USD / INR
14 December 2021
Technical Analysis of Dollar Rupee on the basis of Daily & Weekly Charts
Daily Chart
Technical Analysis – Daily Chart
Current level is 75.91
First support is 75.60 (7 Day Exponential Moving Average)
Second Support is 75.22 (18 Day Exponential Moving Average)
First Resistance 76.06 (Bollinger Band)
RSI – 75 – Overbought
MACD – divergence moving up and widening so Bullish in Daily
Weekly Chart
Technical Analysis – Weekly Chart
First Support is 75.21 (7 day Exponential Moving Average)
Second support is 74.71 (18 day Exponential Moving Average)
First Resistance 75.96 (Bollinger Band)
RSI – 66 Overbought
MACD – divergence moving up and widening so Bullish
Summary : 76 is a very crucial level. If this breaks, we can see a new high in Dollar Rupee.
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Disclaimer : All information in this report is collected from various sites on internet. Although we have taken all precautions for correct representation of data however we do not take any responsibility for any errors and omissions. The technical analysis and views expressed is authors own views. We are not responsible for any losses on account of following the same.
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