Long
Possible retest of the Highs
USDINR seems to be inside a complex correction. There is a good probability that this pair will retest the highs once again as shown in the chart. There can be further clues for the next direction once the top is taken off. I see a decent risk reward for long opportunity. I would be skeptical to short USDINR here but instead prefer to go long on this.
** This is not a trade advise**
** This is not a trade advise**
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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.