USDINR - 19Jan2022
On the daily, price bounced and close back above the 20EMA and 200MA. With such bullish momentum, we could expect it to bounce higher to 1st Resistance at 74.780 today.
On the H4, price has consolidated and ready to push up higher to 1st Resistance at 74.770. With Stochastic at resistance, it might just consolidate sideways and wait for stochastic to oscillate back down.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price bounced and close back above the 20EMA and 200MA. With such bullish momentum, we could expect it to bounce higher to 1st Resistance at 74.780 today.
On the H4, price has consolidated and ready to push up higher to 1st Resistance at 74.770. With Stochastic at resistance, it might just consolidate sideways and wait for stochastic to oscillate back down.
This is for personal record purposes only, not financial advise or solicitation of trade.