U.S. Dollar / Indian Rupee

USDINR

H&S PATTERN FOR 67 +

There are series of daily chart involving multiple abc's Presently i am not sure in the fag end whether wave C is completed or not Wave analysts - please be free to analyze the chart

the downside target has been calculated from the point figure chart provided in this link .... https://invst.ly/74ip3 Disclaimer..Not an investing/trading recommendation

uygtrfedswaq

#USD is testing markets with formation of wage. Wait for the breakout! Looking at the global economic stability and oil market, I expect to go long.

NIFTY is USD testing underside of 200dma.. Move lower should resume . looking for 148-146

usdinr uptrend is really a correction on weekly timeframe.

USDINR TG 64.48

$NIFTY in USD terms approaches AB=CD Fib Expansion

usdinr is in long term downtrend but will have short term pull back in downtrend

Value of US dollar to rise...it could be corrective a-b-c or impulse wave 5 on downside, but in both the cases, bias would be up.

LONG - SL 63.50 TG 66/67/68

Like the NIFTY 50 index, we are bullish on this pair, USDINR. 1. LL, HH formation 2. price actions above 21EMA 3. breakout of channel line, allowing buyers to buy on dips, nice.

TP1: Start of the target box. TP2: End of the target box or closed manually within.

Don't get to biased. Trade what you SEE not what you THINK. As John Maynard Keynes said, “The market can stay irrational longer than you can stay solvent.”

Impressive rally so far that broke and closed above resistance zone 65.18 and 200ema. Waiting for pullback and buy setup.

Indian Rupee Note

Turning Around