Incase it crosses above mentioned zone that will suggest that correction to the rally, which started from 1.2882 to 1.3235 in the form of A-B-C is done & UCAD should move up in coming session else it is open on downside till 1.3070 where C-wave is divided in i-ii-iii-iv-& v-waves - currently running into "v"-wave of C-Wave
Alternate Scenario- Going Above 1.3206 & sustaining above that critical zone will indicate that demand for dollar is more & an extended rally could follow next
Also, kindly check at your end to confirm.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ