5 Sep 2020 ● 03:18 AM
USDINR - the big picture from the April top is a decline in a triple zig-zag. This is mared as a-b-c-x-a-b-c-x-a-b-c, or as w-x-y-x-z in short. We are now in z the last part that is itself an a-b-c. The wave b bounced within this have been small and so wave b maybe complete price wise. It can spend some time at this level or start wave c down right away. c of z down can project to where c=a at 71.25.