After a sharp upside rally, USDINR correction on the Friday’s trading session. USDINR bounced sharply after FOMC statement.
Now, what to expect from here onward???
Above 74.35… Rally likely to remain continue till 74.90—75.35 levels
Maintain stop loss below 73.80 level.
Will it break 75.50 levels on a weekly basis???
Three consecutive close + weekly close above 75..50 will see unexpected levels in days to come
Chances are bright for an upside move in it!!
Trade safely with levels only