Jahir_Jack

USDINR short term 70.323.

OANDA:USDINR   U.S. Dollar / Indian Rupee

as the Indian equity market little revive usdinr will retrace somewhere around 70.50 and 70.32.

Confluences & Reason:
1. Bearish Rsi divergence on the daily time frame.
2. Pattern rising wedge broke out to the downside.
3. pivot level fib 38% and 50% retracement price at 70.32.
Comment: USDINR soon 74 and 75 possible.

Comments

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