USD/INR: Consolidating in a narrowing price range
USD/INR looks to have charted a pennant pattern on the daily chart. A breakout would mean a continuation of the rally from the low of 71.40 and would open the doors a re-test of 77.42. Acceptance above that level would open the doors to 80.00.
A pennant breakdown would imply a bullish-to-bearish trend change.
A pennant breakdown would imply a bullish-to-bearish trend change.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.