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.
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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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.
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.