Hari-Ram-Kumar

Wave B of Wave 4 expects support at and around 74.0

Long
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Wave 4 is expected to be either a running flat or a with a truncated wave C.
There is high probability that wave C of wave 4 (regular flat) to be truncated to fit itself into the parallel channel however that is for future.

Right now wave B in wave 4 is in progress which is expected to be supported at and around 74.0 targeting long to 74.9
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.