Usd inr weekly forecast For 27 June to 1 July 2016
NSE usd inr future this week closed at 68 with gain. On Friday we saw sharp gap up opening for us dollar on brexit news. Usdinr future hit my target of 68.1 and now next target will be 68.65 if trend continues. For next week, usd inr future outlook is bullish and above 67.3, dollar remain strong and buy. Next major move will happen above 68.1 only for target 68.65. In very bearish market, rupee might fall up to 69.5 to 70 to dollar in currency futures market. Currency traders keep buy view for usd inr future above 68.1 with strict stoploss for target 68.65 and then super bullish targets of 69.5 to 70 rupee. Currency option traders can use usd inr 68 call options as buy and accumulate for expiry.