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Bulls Need Close Above.............>

DOLLAR-INR TECHS
DOLLAR-INR TECHS: Bulls Need Close Above Inr64.6300
*RES 4: Inr65.1375 - Low Nov 16 now resistance 
*RES 3: Inr64.9015 - 55-DMA 
*RES 2: Inr64.7352 - 200-DMA 
*RES 1: Inr64.6300 - High Nov 30
*PRICE: Inr64.3400 @ 2300GMT
*SUP 1: Inr64.1283 - Daily Bear channel base 
*SUP 2: Inr64.0188 - Bollinger band base 
*SUP 3: Inr63.7750 - Monthly Low Sept 8 
*SUP 4: Inr63.5600 - 2017 Low Aug 3
*COMMENTARY: Failure to gain traction on pops above the LT falling TL
(Inr65.1356) off Nov 2016 highs in recent weeks saw a sell off that resulted in
tests of the daily bear channel base. A close below is needed to confirm focus
on 2017 lows. Bulls still need a close above Inr64.6300 to ease bearish pressure
and above the 55-DMA to shift focus to layers of resistance Inr65.1356-5425.
Correcting O/S daily studies remain a concern for bears.

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