USDINR - 23Mar2022
USDINR - 23Mar2022
On the H4, market structure for recent price action have changed to lower highs and lower lows. Price faced rejection yesterday at the 50% Fib resistance at 76.45. As long as price action is kept below 76.70, we could expect USDINR to drop lower to 200MA at around 75.60.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, market structure for recent price action have changed to lower highs and lower lows. Price faced rejection yesterday at the 50% Fib resistance at 76.45. As long as price action is kept below 76.70, we could expect USDINR to drop lower to 200MA at around 75.60.
This is for personal record purposes only, not financial advise or solicitation of trade.
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