USDINR breakout for Long with Good R:R Long

Description

⋅ Sep 9, 2020 12:48 AM

USDINR has been consolidating since one week and tried to form a base (at the demand zone). In Previous day session it broke its resistance (73.65), and sustained above it. At current level it is looking good for long with good R:R, Minor hurdle at 73.9.

Comments

Pankaj9485

⋅ Sep 9, 2020 5:32 PM

breakout faied it was retest for on way for downtrend

Retailer_ki_dost

⋅ Sep 10, 2020 4:00 AM

@Pankaj9485,
true,
73.2 will be last hope for support.

Signal_Forex

⋅ Oct 16, 2020 5:35 PM

Nise idea and agreed with your idea

psyank281

⋅ Sep 17, 2020 7:06 AM

72.50 soon after 6 days from now.

Yoooooooooooooooooooooooooooo

⋅ Sep 10, 2020 2:13 AM

The resistance at 73.9 was being retested. Don't think it is wise to go long any time soon.

Retailer_ki_dost

⋅ Sep 10, 2020 3:59 AM

@Yoooooooooooooooooooooooooooo,
73.65 are the levels to watch for.
currently 73.2 acting as support, if breaks this fresh selling may come.