Possible Elliot Wave Count - USDINR

As per my analysis there is a possibility that a major 5 wave rally is over in USDINR. The level to watch out for is 68.00/67.50 and if rupee successfully breaches those levels then we could see some sustained rupee appreciation over the next few months. Even a pullback to 40 will be just 50% of the entire rally !!!!

Please consult your financial advisers before taking any decisions.

Good Luck Traders !!!