3 Sep 2020 ● 11:48 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.