NeelamN

USDINR 2nd Sep Expiry View

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OANDA:USDINR   None
USDINR

As per Dow theory analysis on Different Time Frames,
High made today is a Lower High and made that with Divergence on lower Time Frame,
which gives a view of a new Low...
Safest bet is the view that it cannot breach 80 soon...
Hence, Bear Call Spread Sell 80 CE and Buy 79.75 CE...
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