Hi. Dollar Rupee Hourly chart suggest that any close above 49.35 Rupee may lead to immediate target of 49.95 & may further move up minimum 4-5% from 49.35 level, can also make New All time High. Close below 48.70 may lead to 48.30 & 47.20 Level. Chances of moving upward/weakening of Rupee is more likely. I may not be surprise if we get another Petrol/Diesel hike as Diwali/New Year Gift !!!
