WaveTalks

USDINR- Back to Pavilion - 72.50-73.00

Long
WaveTalks Updated   
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
2nd Target missed by few pips as per last update. High was @ 74.91 & back to 72.50-73.00 zone


USDINR is resting in the most important zone 72.50-73.00 - which is above triangular correction of early 2020 when stocks was about to crack due to fears of covid19.

This zone of 72.50-73.00 is very important- if acts as support & dollar rupee starts moving above 73 mark then it can move to 74.90 / 76.35 +

Note- View not valid below 72.40
Let the markets make first move.
Trade active:
20:57 Hrs / 16th Feb2021

Last @ 72.85

USDINR - Will it Be Touch & Go for Dollar Rupee from 72.50


Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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