Short

USDINR next move

Updated

as of my TA, it is most likely to break trend support, then the rest is on major support, if it gets supported then I need to post another idea if not then it will get support in the lower red Major support, and it will be most chances it will stay there until or unless, there is any major change in international economics if the change happened at the international level, there will more major supports, and don't forget Major green trend support it is not easy to break but if brock and hard close in 1month TF, then we can see a great down move

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Nice Bounce from support, let's wait for trend resistance it will reject from there most probably, more specifically at 82.57 resistance(not marked in the chart), and on the bigger picture we have to wait for the breaking of one of 2 trends(support and resistance) and then hard confirmation(i tell its concept in my previous posts). then we can see a nice move, I am still bearish.

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wait for resistance at 82.57 and 82.63, to send the price down.

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Great, it is going as expected, It's great to enter in short here at 82.700, with SL 83.02 and TP at 81.372, which makes Risk reward ratio 1:4, lets goo🚀

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checkout the latest update of this movement at my latest posts, and follow me for more update

vishutanwar

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