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USDINR

27 Aug 2020 ‚óŹ 07:03 AM

USDINR was shown as starting wave c down earlier and yes we did break the low today. but the hourly chart is awkward and shows that today is wave v of a and wave b should form now with a bounce backi to 74.40 near the wave iv high before wave c down starts. Wace c would take us closer to 72. These are the possible short term gyrations before that happens.

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