USDINR - 27Dec2021
USDINR - 27Dec2021
On the weekly, price has pulled back to previous breakout level where it is expected to act as a major support at 74.8440. It is also at daily 50MA.
On the H4 timeframe, price dropped to 200MA 1st Support at 74.9360 which is also a daily support. We could expect a short-term bounce to resistance at 75.3170.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price has pulled back to previous breakout level where it is expected to act as a major support at 74.8440. It is also at daily 50MA.
On the H4 timeframe, price dropped to 200MA 1st Support at 74.9360 which is also a daily support. We could expect a short-term bounce to resistance at 75.3170.
This is for personal record purposes only, not financial advise or solicitation of trade.
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