padiyara

USD triple top can correct to Rs;60 level

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OANDA:USDINR   U.S. Dollar / Indian Rupee
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3
USD seems to be in (iv) correction now, the 3rd seems to be concluded at Rs: 68.9
With a gain of 24.9 points. A 38.2 % correction will bring down Dollar to near Rs:60.
A triple top with the indicators showing bearish divergence supporting the view.
Comment: very slow move, please note that this is a weekly chart and the top didn't break.
we are going to see a 4th wave correction now.expected level is 60.
Comment: The Trend line support is further down

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