Genghis
Long

INRCNY Turning point in Asia?

FX_IDC:INRCNY   INDIAN RUPEE / CHINESE YUAN
13 3 5
Fundamental: Baby boom in India. Potential long term bullish INR             .
Technical: Bearish trend line May'14 til Dec'15. Broken and looking to mark potential bottom on the pair. Looking to buy at 0.975.

China vs India
Population 1,356,000,000 vs 1,237,000,000
0-14 years: 17.1% vs 28.5%
15-24 years: 14.7% vs 18.1%
25-54 years: 47.2% vs 40.6%

https://www.cia.gov/library/publications/the-world-factbook/index.html
Props to S.Foster for highlighting this opportunity.
snapshot

Interesting to see how we progress from here. A move above 0.099 will get me firmly into the bull camp.
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snapshot

Potential path this pair could follow after a move up to 0.975
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Weekly view
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