USDINR - 28Feb2022
USDINR price action is very mixed due to the geo-political issue. On the monthly if this month's candle closes above previous candle's highs, we could expect further upside.
On the H4, price pulled back below the trendline and is now at 20EMA support. We could expect a short-term bounce to 1st Resistance at 75.35. Thereafter will need to further monitor its price action.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR price action is very mixed due to the geo-political issue. On the monthly if this month's candle closes above previous candle's highs, we could expect further upside.
On the H4, price pulled back below the trendline and is now at 20EMA support. We could expect a short-term bounce to 1st Resistance at 75.35. Thereafter will need to further monitor its price action.
This is for personal record purposes only, not financial advise or solicitation of trade.