USDINR in consolidation before fall

This hourly chart shows that there is breakdown from the ascending trend line consolidation and another breakdown is awaited from the horizontal support. Target of the fall would be 73 where it may find support at 200 period ema. Stop may be kept above 73.45.

Disclaimer: I'm not a SEBI registered advisor. This is not a recommendation to buy or sell. For education purpose only.

Kommentera:

I'm sorry. It's 4 hourly chart.