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Topside Follow Through Lacking.....>

DOLLAR-INR TECHS
DOLLAR-INR TECHS: Topside Follow Through Lacking
*RES 4: Inr65.1067 - LT Falling TL off Nov 2016 High 
*RES 3: Inr64.8603 - 55-DMA 
*RES 2: Inr64.7062 - 200-DMA 
*RES 1: Inr64.5220 - 21-DMA
*PRICE: Inr64.2350 @ 2300GMT
*SUP 1: Inr64.0050 - Low Dec 15 
*SUP 2: Inr64.0048 - Bollinger band base 
*SUP 3: Inr63.7750 - Monthly Low Sept 8 
*SUP 4: Inr63.5600 - 2017 Low Aug 3
*COMMENTARY: An aggressive spike to start the new week lacked follow through
above key DMAs. Bulls now look for a close above the 200-DMA to ease bearish
pressure and above the 55-DMA to shift focus to Inr65.1067-2560 where the LT
falling TL and bear channel top are situated. bears now look for a close below
Inr64.0050 to reconfirm focus on tests of 2017 lows. The Bollinger base is the
key concern for bears and currently limits follow through.

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