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TradingShot
Jul 7, 2020 3:45 PM

USDINR Long-term Sell Signal Short

U.S. DOLLAR / INDIAN RUPEEICE

Description

Pattern: Channel Up on 1W.

Signal: Bearish as the price is reversing after a Higher High on the Channel Up, with the MACD making a bearish cross on significant downside potential.

Target: 71.500 (expected Higher Low on a roughly -8.40 decline).



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