SirajHudda
Short

USDINR Long Term Analysis!!

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
The recent upmove in USDINR             looks like a corrective rally unfolding in 3 waves which suggests that there will be one more down move for the pair before we see any new highs. One can go short on this pair with stops around 70 and Targets at around 57/56 area as long term trade.. For short term trades, it will be sell on rallies. The price action suggests that the rally is over but I would still wait for short term timeframe confirmations before entering the shorts. Happy Trading!!
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out