A_Joe
Long

USDINR Weekly Long

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
USDINR             is in a Long Term Uptrend & is forming a Bullish H&S Continuation pattern. Move above Neckline could Trigger a Continuation Up Swing.
Fundamentals are also in Sink as Fed is mulling / Poised to increase Rates While RBI is Lowing the Interest rates to Spur Growth while taming the inflation Cycle which supports the Devaluation of INR             ie an Uptrend in USDINR             is in Place.
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