USDINR Good long candidate.
USDINR CMP 73.17
Long term trend line support around 73.10 levels, Previous 2 bottoms around 73 and 72.80 levels.
Previous resistance of several peaks would act as strong support in range 72.2 to 72.3.
Elliot wave count suggest, impulse phase wave 5 may complete range of 72.2 to 73.00.
Good levels to go long in this range..
View gets violated below 72 on closing basis..
Long term trend line support around 73.10 levels, Previous 2 bottoms around 73 and 72.80 levels.
Previous resistance of several peaks would act as strong support in range 72.2 to 72.3.
Elliot wave count suggest, impulse phase wave 5 may complete range of 72.2 to 73.00.
Good levels to go long in this range..
View gets violated below 72 on closing basis..
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