Strike Analytics

USDINR

10 Jun 202002:40 PM

As USDINR comes close to the falling trendline from the April high of 77, the entire structure of the last 2 months begins to look like a triangle. Failure to go above 75.7 should take us back to the lower end near 74.94, and if that breaks we could go to the lower end of the falling channel near 73.74

usdinr 100620

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