The ascending triangle pattern in a weekly timeframe is still active, last 2 days(24 & 25 July 2023) was a SL hunting.
The FED news will impact the INR, making USDINR to be bullish.
The FED news will impact the INR, making USDINR to be bullish.
Comment:
FED has increased interest rates by 0.25%, the current interest rates is 5.50%
Trade closed: target reached:
:-)