USDINR opened lower

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USDINR future currently trading near 68.45 .we currently going below the levels of 68.60. Which was the retracement level of 38.2%,
 RSI is trading near 28 levels so we have initiate support of 50% retracement ,which is at 68.30 levels there is a possibility. Today we have economic data release let’s have a look on that further
So,There was current released from the Chinese exports which is currently Stewart 11.3 present close 12.6% another we have import setup which kuch release showing 14.1 percent versus previous 26.0 percent. Not important trade balance in USD 41.6 b kalisto versus previous was 24 92 billion

Also traders Inc on the next week’s CPI data from across the nations. There is possibility of trained to continue lower.


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