USD-INR UPDATE

STOCK MARKETS 1 Minute

USD-INR today printed fresh 52,week highs. We have an extremely BULLISH view here since FEBRUARY of 2022,
2022 was a remarkable year for this pair where it moved from 75 to 83 in just 8 months.
And we traded that entire rally.
But since NOVEMBER of 2022, we have seen a very annoying consolidation here.
But finally it seems like the rally have resumed.
We have been waiting very patiently for this breakout.
Our next target here is 85.50 and 87 in next few months.
We still maintain our long term target of 91 here which I shared on 17th,February,2023.
May be we shall revise the target further higher as the anticipated rally progress further.

Unknown's avatar

Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

Published

Leave a comment