UnknownUnicorn556824

Corrective Upside for the next move down

Short
OANDA:USDINR   None
5
USDINR is currently in a channel moving up, however I think its only a consolidation and if that channel is broken to the downside, we may see it go down to 62.899 levels.

If it breaks up and breaks out of the 240 trend line, then it will be a deeper pullback, however I dont think thats happening now anytime soon.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.