USDINR seems to be forming a flat pattern with a C wave up to break the previous top.
USDINR is sitting on a massive supporting block. I'm longing here
USDINR active till indian Budget july 2019
little bit push back like- 70.32 and 70.12
looking good for long , see triangal and buy..
Looking bullish next 2 weeks
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Very interesting price action, succesful completion of this pattern will break the Indian rupee to all time low as far as it could depreciate to near 80 level
USDUNR has been week due to global cues. All cross currencies are gaining opposite to USD which will help to strengthen the rupee in upcoming week. This week i will be bearish on USDINR for the TGT 66.5237 and 66.1413
usdinr is in long term downtrend but will have short term pull back in downtrend
Value of US dollar to rise...it could be corrective a-b-c or impulse wave 5 on downside, but in both the cases, bias would be up.