The Present Stage of USD INR

INR is one of the most debatable topics of this year, as rising crude prices have also built additional pressure on INR this year.

The above ‘Angle’ line is very much intact & displays the true sentiments & situation which is not visible without using such angles.

Even by taking short-term price action displays, still is no sign of relief, the present dip offered ‘Buy’ opportunity for currency traders.

Below this angled line only we can expect some relief rally, as November month will remain in most focus from the ‘Cycles’ point of view.

Note: Above mention Price projection & other Information are for educational purposes only.

About the author

Divesh Jotwani is a full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day-in and-out markets.