PeterLBrandt

USD breaks out against the Indian Rupee

Long
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Typically the upside breakout of an ascending triangle will travel 1X to 2X in distance equal to the height of the triangle at its widest point. This would imply an advance toward 86 and possibly toward 88. $USD/INR. The best way to play this is with Singapore futures IMO

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