FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Currently even after repeated policies by RBI, they have failed miserably in saving rupee for falling. rupee @78 is evident in coming weeks, but in short term in daily charts the uptrend trendline is broken a little more push beyond 76.365 INR can be pushed towards 76.000. More ever even on weekly charts price action has slowed down and a bearish pin bar is formed at a high of 77.00 again suggesting a bearish setup. last but no the least follow price action and recent support resistance levels.
- USD/INR
-23-04-2020.
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.