USDINR - 07Mar2022
USDINR - 07Mar2022
On the weekly, price is surging up to its upper trendline resistance. We could expect it to reach its weekly resistance at 76.57 next week.
On the H4, price surged above the minor parallel channel and faced bearish pressure around previous highs at 76.42. With Stochastic at resistance, we could expect USDINR to pull back to 23.6% Fib support at 75.930.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price is surging up to its upper trendline resistance. We could expect it to reach its weekly resistance at 76.57 next week.
On the H4, price surged above the minor parallel channel and faced bearish pressure around previous highs at 76.42. With Stochastic at resistance, we could expect USDINR to pull back to 23.6% Fib support at 75.930.
This is for personal record purposes only, not financial advise or solicitation of trade.
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