EURINR

The initial rally in the EUR INR cross rate shows subdivisions that imply a possible extension in the 3rd wave. In other words while wave 3 can be equal to the 1st and move up to 89.15 in case of an extension it would be fun 61.8% of wave 1. That gives us a level of 92.50. Support may trigger with the 20 DMA which is currently at 85.27 and rising.