FX_IDC:USDINR   U.S. Dollar / Indian Rupee
USDINR - 14Feb2022

On the weekly, price is bouncing higher in an uptrend channel. We could expect price to bounce higher to the upper trendline in the near future.

On the H4, price has closed above 61.8% Fib resistance at 75.40. As Stochastic also have further room for further upside till resistance, we could expect price to bounce higher to 1st Resistance at 75.8550.

This is for personal record purposes only, not financial advise or solicitation of trade.
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