USDINR Analysis as per Elliott Wave Theory

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
USD-INR after such a steep rise looks like it is in the 5th wave of bigger degree.
Within this bigger 5th wave, which should ideally be the last wave of a Major Rise, normally consists of 5 sub waves in smaller degree.
Now, Market is looking in 3rd wave of sub degree of bigger 5th wave that I was talking about in the previous two lines.


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