USDINR - 25Feb2022
On the daily, price have bounced back above the 20EMA and 50MA. It could be resuming its upside trend in the parallel channel .
On the H4, price bounced back above the long-term trendline. We could expect a bounce from 38.2% Fib retracement and trendline Support at 75.250.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price have bounced back above the 20EMA and 50MA. It could be resuming its upside trend in the parallel channel .
On the H4, price bounced back above the long-term trendline. We could expect a bounce from 38.2% Fib retracement and trendline Support at 75.250.
This is for personal record purposes only, not financial advise or solicitation of trade.