USDINR - 24Feb2022 (revised)
USDINR have busted through resistance levels in my previous analysis so releasing a revised.
On the H4, price broke above the descending trendline and is now coming into 61.8% Fib + ascending trendline resistance at 75.1880. We could expect the price to meet bearish pressure at this level. Now waiting to see whether price can confirm above 200MA on H1.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR have busted through resistance levels in my previous analysis so releasing a revised.
On the H4, price broke above the descending trendline and is now coming into 61.8% Fib + ascending trendline resistance at 75.1880. We could expect the price to meet bearish pressure at this level. Now waiting to see whether price can confirm above 200MA on H1.
This is for personal record purposes only, not financial advise or solicitation of trade.
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