Hi, as mentioned in my First post of 28th August http://pinaltechnical.blogspot.com/2011/08/dollar-rupee.html Dollar did touch 48 level first & then to 49.95 level just below my 50+ target. Now it is hovering between 49.20 & 49.60. Now watch 49.60 & 49-48.80 levels carefully on closing basis, above 49.60 it can retouch 49.95, if it closes above 49.95 level may go for All time new High levels, if closes below 49/48.80 level may cool down to around 47.50 levels. Still more clarity will come in mid of Next week. Till then stay Tuned..
