Short near 74.60 SL 74.85 TGT 73.70

10 בנוב׳ 2021

The USDINR has gained momentum for the upside in the bearish run. For me it is the opportunity to sell near 74.60 keeping a stoploss above 74.85 on a daily basis closing, targeting 73.7000. We can see more downward trend if the price closes below 73.70 on any day.
Please do not initiate the trade on my analysis because in market any analysis can prove wrong.