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Tradeception_

Ascending Triangle Alert on USDINR.

Long
U.S. Dollar / Indian Rupee (FX_IDC:USDINR)  
Tradeception_  
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Trend Analysis Chart Patterns Technical Indicators Ascending Triangle patterntrading USDINR usdinrlong
4
0
trendanalysis chartpattern indicator ascendingtriangle patterntrading usdinr usdinrlong
A pattern has formed on the USDINR chart with a flat resistance top at around 83 and a rising trendline with gradually higher supports. It could be identified as an ascending triangle pattern.

A breakout in either direction could increase momentum and open up a range of about 3 rupees.
Keep watch.
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