USDINR

We had a bank holiday on 13-04, and overseas trades spiked higher on the currency pair. But in our own market, we trade below the 61.8% retracement mark t 75.18. I expect wave A of E to end here as wave A was 5 waves up. Wave B may develop as a triangle or complex pattern before wave C up unfolds. This could take months. A trading range between 75-74 can be imagined.