13 Jul 2020 ● 07:34 AM
USDINR is close to the moving averages near 75.50. This is the initial resistance 1 surpassed we would head towards the trendline of the last 2 highs near 76.10. And marking the move as an X wave and would not expect a breakout beyond that level as of this moment. The trendlines provide a consolidation range for the currency for the time being.