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The Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is moving sideways The USDINR is now trading in overbought level. The JPYINR is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the USDINR if it close above50.13 or buy with strict stop at 46.61.
Monday, October 3, 2011
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