IN50USD OANDA ANALYSIS FOR 20 DEC 21

Dec 18, 2021

Hi everyone, IN50USD analysis on 1D chart in previously we`ve seen index breaks it`s daily support 17,650 & bounced from 16,640 (level indentified from harmonic xabcd pattern level 1.618) to test it`s resisitance 17,650 now chances are too break it`s daily support 16,640 & can go upto 16,200 (level identified from harmonic abcd pattern level 1.618) index can take bounce from 16,200 to test 16,640 and can continue fall between (15,600-15.500) support indentifed from index previous swing lows. Index trend has changed to downtrend on daily chart! OANDA:IN50USD