The ascending triangle pattern in a weekly timeframe is still active, last 2 days(24 & 25 July 2023) was a SL hunting.
The FED news will impact the INR, making USDINR to be bullish.
The FED news will impact the INR, making USDINR to be bullish.
Note
FED has increased interest rates by 0.25%, the current interest rates is 5.50%Trade closed: target reached
:-)
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Related publications
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.