USDINR - 27Jan2022
On the daily, price bounced above 50MA and is now coming into ascending trendline + Fib resistance. There might be a pull back today.
On the H4, price triggered a inverse h&s with upside target around 75.60. But daily and Stochastic is at resistance, therefore we could expect USDINR to have a short-term pull back today before bouncing higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price bounced above 50MA and is now coming into ascending trendline + Fib resistance. There might be a pull back today.
On the H4, price triggered a inverse h&s with upside target around 75.60. But daily and Stochastic is at resistance, therefore we could expect USDINR to have a short-term pull back today before bouncing higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
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