The RBI rates for the dollar are nearing the 54 mark, with a record 53.577 touch today. It supposedly traded at 53.80 also in the spot market, and is at 53.81 in the USDINR futures market.
This is gonna hurt real bad.
Dollar At An All Time High of 53.58
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Hey Deepak,
What are the best books for technical analysis? I am reading John Murphy.
Also, a more fundamental question-
Most of traders and institutions know and understand this technical analysis. This should not leave any opportunity to make profits based on technical analysis!
Thanks
Vijay