Strike Analytics

USDINR

23 Jul 202006:24 AM

USDINR - as long as it is holding above 74.40 there is room for an x wave to be forming as an expanded flat, marked as a-b-c that can go up to test the moving averages near 75.07 and 75.26, and once that cluster is crossed then later toward the falling trendline near 76. That will be a second x wave and then down again. Below 74.40 is where we get a free fall in the dollar/INR pair.

usdinr 230720

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