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USDINR - Cup and Handle

Oleh seanrooney1007
As observed the USDINR pair has curved out and formed a bottom followed by a drop. The INR has then depreciated against the greenback breaking out from the consolidation phase. However the RBI's intervention can act as a strong resistance for the USDINR from spiking upwards. In the last 2 trading days as the Dow has fallen by ~14%, this has not had a major impact on the USDINR pair.
Chart PatternsTechnical IndicatorsTrend AnalysisUSDINRusdinranalysis
seanrooney1007
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