p19karthikm

US dollar will likely strengthen in the long term.

Long
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Quantitative Easing is essentially trapping the US dollar in the financial system which will cause disinflationary pressures in the future. USD will likely strengthen in the future to all-time highs. USD/INR is forming a falling wedge pattern taking support on a trend line. Very good opportunity for long side exposure on the dollar.

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