User talk:Vaibhavr76



There is a Triple Top formation in Indian Rupee (USDINR) daily candle technical chart. Triple top technical formation is an indication of reversal pattern. If you refer the chart, there are three tops in last 3 months (circled and joined with slightly downward trend line) that means Rupee is facing big resistance around 64.27-64.33. Even other indicators like Parabola, momentum, RSI, Stochastics are into neutral zone with a negative bias i.e. sell indication. So we recommend to sell here and on upticks with a stop loss around 64.45 and profit target of Rs. 2.00-2.60 i.e. 61.40-62.00. Please refer the enclosed chart.

A2Z Forex 120.56.193.35 (talk) 05:03, 5 August 2015 (UTC)