Strike Analytics

USDINR

3 Sep 202011:48 AM

USDINR started wave b up in a bounce, and wave b can also develop into a triangle. The upside may be limited to the wave iv high near 73.70 but in a best case scenario of 50% retracement we can get to 73.95. From either we start wave c down back below the recent low of 72.75. So this is temporary pause inside the decline.

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