Darn!! Looks like USDINR will hit 69.50 again

OANDA:USDINR   U.S. Dollar / Indian Rupee
Darn!! Looks like USDINR will hit 69.50 again

Technical: There's a bearish flag pattern has formed after a dip down from it's crucial support zone at 71.60.
Fundamental: Fed rate hike was a big hype and dubious for market speculation. unfortunately Nifty could not able to make it 11k and still struggling at support zone 10850. Crude oil trying to come up after a dip dive people are having fear of over supply - demand. US Dollas Index which people call it safe heaven doing it's things.
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