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
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20:57 Hrs / 16th Feb2021
Last @ 72.85
USDINR - Will it Be Touch & Go for Dollar Rupee from 72.50
I literally forgot Usdinr, Thanks for putting in the news Usdinr.
ShreeKrishna
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Sorry to post my Chart here , but Looking for your alternative view in case I am wrong , I am looking a Crazy Move up to 80 , do advise thanks
ShreeKrishna
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Abhishek , do you see its stable at this Given instance ? or do you see an Indication for Up side move ? Just interested in Knowing Opinion at this current level , thanks
WaveTalks
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@ShreeKrishna, yes, it is possible if 72.50-73 zone act as support as we are very close at 72.50's - we want market to make its first move so 75/76 - possibly 80 + but we need move slowly & steadily & review is required as markets are volatile