Long

PAIN FOR INR AHEAD

Updated
After breaching the all time high on AUG 14,
Analysts would be looking at USD/INR's market action in the coming weeks,
If the move sustains, the new 'normal' would be between 71-75 for USD/INR as per monthly charts.
Trade closed: target reached
Idea was posted on 14th AUG. As anticipated September and October saw huge gains from 71 to 74
Hope you were able to benefit.
Beyond Technical AnalysisbreakoutdollarINRTrend AnalysisUSDINRWave Analysis

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