The Indian Rupee traded with weak sentiments against the US dollar and last month closed below the 43 month low level. The falls in Rupee came after the better than expected US data and FII pull out from the market and Month end dollar demand from oil refiners and importers also kept the Rupee sentiments weak.
On the weekly Chart, we have seen that prices are trading with a northward trend. RSI is at 70, which is near to the overbought zone. MACD Histogram continuously is in the positive territory from last couple of weeks, and CCI has also started upside.
Read full story here:- http://www.scoop.it/t/share-brokers-in-india
On the weekly Chart, we have seen that prices are trading with a northward trend. RSI is at 70, which is near to the overbought zone. MACD Histogram continuously is in the positive territory from last couple of weeks, and CCI has also started upside.
Read full story here:- http://www.scoop.it/t/share-brokers-in-india
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