InsiderB

USDINR: Harmonics at work - Potential ABCD pattern

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FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Here we have potential ABCD completion around 66.1's in USDINR but it will happen only after the support at 66.5's takenout. As of now I expect USDINR will move little up to 66.85's before starting its downward move. Incase the resistance is taken out, we need to decide based on what happens after that.
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