India Rupee had another volatile week,and formed outside bar pattern on Friday suggesting anotehr good move coming. 73.37 should be watched closely to catch the enxt trend in the currency.
USD INR Gann Angle Chart
Price tocuhed the lower end of gann angle.
USD INR Plannetary Support and Resistace Line
As discussed in last analysis Price moved perfectly the Venus Plannet line, and heading towards 73-73.11 where support lies. Low made was 72.92 and bounced from upper end of venus line. Bulls need to move above 73.5 for a move back to 73.90. Bears can move back to 73/72.85 below 73.30.
USD INR Harmonic
Bullish ABCD Fromed on India Rupee, Below 72.92 Pattern gets invalidated.
USD INR Gann Time Cycle Date
Major Trend Change date for INR is 09/11 Sep
Weekly Trend Change: 73.37
Levels Mentioned are for September Contract of USD INR