USDINR Next possible Movement

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USDINR

Analysis on 12th December 2022

>Wave Count - Possibly Beginning of Correction Wave C on bigger cycle.
>Strength - Between the both the tops shown in chart there is a Berish Continuous Divergence.


노트
Forming Sort of Triangle in Smaller TF than shown in above chart
Watchful!!

Have A Good Day!!
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Accumulation on top (Downward C type pattern)
Can consolidate till 1st updated Target 81 Rs.

Can breakdown any time
Watchful!

Have A Good Day!!
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Finally Strong move !!!
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Berish Continuous Divergences Showing their Strength.

Have a Good Day !!!
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About to touch T1
81 Rs.
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If USDINR breaks down and make another low, then it will further fall of 5th wave.
Hold short positions with SL of 81.8843 (Closing bases).
chartanalysisChart PatternscurrencyForexTechnical IndicatorsINR (Indian Rupee)nsenseindiaUSDUSDINRWave Analysis

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