EURINR has been around the lower edge of a rising channel. It has not been able to break it since last few sessions. One reason for same could be a support area near the the trendline of the channel which was acting as a resistance during the last few weeks.
I expect the EURINR pair to rise from here and reach to levels of around 90.50. It would be interesting to see if it can break this upward trendline this time and rise to another trendline that has been there since March 2020.
I expect the EURINR pair to rise from here and reach to levels of around 90.50. It would be interesting to see if it can break this upward trendline this time and rise to another trendline that has been there since March 2020.
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