USD INR Weekly Technical Analysis

As discussed last week USD INR has given a breakout above 53.84 and closed above the breakout level for 1 week. S&P negative outlook and rising current account deficit add more pressure on rupee.  Lets analyze USD INR technical for coming week.

USD INR 4 Hour Chart

USD INR 4 hour chart has broken out in  chart and is heading towards its swing high of 55.1 . This is what we discussed last week and Rupee made a high of 54.96 before turning back. Holding..

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