Price action has made a higher low and uptrend shall be confirmed with a higher high by breaking above the 95.3.
Enter long with a candle closure above 95.3.
Stop loss: Previous low.
Target: As show in chart.
Trend analysis and short term trading strategy
Attached below is the daily trend chart for USDINR.
Inferences from the image are that
Long term trend identified is an Up trend.
Price is supported at any of the two trend lines. If there is any deviation from these lines, it shall imply that the price is...