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24feb22

USDINR - 24Feb2022 (revised)USDINR - 24Feb2022 (revised) USDINR have busted through resistance levels in my previous analysis so releasing a revised. On the H4, price broke above the descending trendline and is now coming into 61.8% Fib + ascending trendline resistance at 75.1880. We could expect the price to meet bearish pressure at this level. Now waiting to see whether price can confirm above 200MA on H1. This is for personal record purposes only, not financial advise or solicitation of trade.
by TTMFS
2
EURUSD- 24Feb2022EURUSD- 24Feb2022 After the last 2 weeks of selling, EURUSD continues to face selling pressure after a short-term bounce in the last few days. On the daily, price drop back to a long-term descending trendline. There might be a short-term bounce. On the H4, price dropped on the new of Russia-Ukraine conflict. Price is now within support at and has broken the major horizontal overlap support at 1.1300. With strong bearish pressure, price could continue down, else if it bounces back to 1.1300 it would definitely face bearish pressure. This is for personal record purposes only, not financial advise or solicitation of trade.
by TTMFS