USD seems to be in wave iv, correcting now Wave iii may be concluded at 68.9, with a gain of 24.9 points. Minimum 38% correction is expected, and we may see rupee 60.
This is a long term view, which I have already posted, sometime a month back. The currency is having a very slow movement.
Kommentera
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it breaks the PF median line, touching the support 66 .663 now