USDINR has been in bullish upwards trend channel for last 4-5 years and has been consolidating sideways since Mar 2020. If it manages to close above 76 in next 2-3 months, it will be big breakout and soon we can expect it to reach 80-81 by Aug 2022 or earlier. Globally all countries are printing money and weakening the currencies and with all uncertainty around COVID and global economy, Dollar seems to be a better hedge. Most currencies will lose value against US Dollar and USD will lose against Gold.
註釋
USDINR has given a weekly breakout. It will soon test the previous all time high 77 in next few weeks.交易結束：目標達成
Target 81 achieved last week. Max upside 83 and then retrace back to 79 levels交易結束：目標達成
Target 83 hit today. Dollar is still relatively stronger and we may be in blow off top phase, which might trigger wild moves. I wont be surprised if it hits 90 in next 5-6 months..
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