# Buy USDINR; target of 68.65 - 68.85: ICICI Direct- Moneycontrol.com

> ICICI Direct recommended buying USD/INR January futures with a target of 68.65 to 68.85. The note cites government bond moves and expectations that the dollar will find support at lower levels.

- Date: 2017-01-27 · published 2017-01-27T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/73242-buy-usdinr-target-of-68-65-68-85-icici-direct-moneycontrol-com
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

This is a routine currency trade recommendation with no new supply or demand shock for agricultural commodities.

## Read by commodity

- USDINR: bullish ▲

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/stocks/buy-usdinr-target6865-6885-icici-direct-948151.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.