Panjang

Possible retest of the Highs

USDINR seems to be inside a complex correction. There is a good probability that this pair will retest the highs once again as shown in the chart. There can be further clues for the next direction once the top is taken off. I see a decent risk reward for long opportunity. I would be skeptical to short USDINR here but instead prefer to go long on this.

** This is not a trade advise**

Penafian