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Bulls Need Close Above Inr65.195...>

DOLLAR-INR TECHS
DOLLAR-INR TECHS: Bulls Need Close Above Inr65.195
*RES 4: Inr65.511 - LT Falling daily TL 
*RES 3: Inr65.413 - High Oct 9 
*RES 2: Inr65.195 - High Oct 25 
*RES 1: Inr65.119 - 200-DMA
*PRICE: Inr65.025 @ 2300GMT
*SUP 1: Inr64.943 - 21-DMA 
*SUP 2: Inr64.738 - High Nov 6 now support 
*SUP 3: Inr64.610 - 55-DMA 
*SUP 4: Inr63.485 - 100-DMA
*COMMENTARY: Hesitation ahead of the 100-DMA has taken its toll with an
aggressive rally and bullish close that now sees focus on the 200-DMA. Bulls now
look for a close above Inr65.195 to confirm a break of the 200-DMA and to focus
on Inr65.413-650 where the falling daily TL off Nov 2016 highs is situated.
Layers of support have been left behind with bears now needing a close below the
21-DMA to ease pressure on the 200-DMA.

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