USDINR - 03Mar2022
On the daily, price is facing bearish pressure at the resistance area at 75.895.
On the H4, price gapped up and bounced higher but now it has pulled back to 23.6% Fib support. Price is expected to bounce higher but if it could also potentially pull back to gap fill 1st Support at 75.315 before bouncing higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price is facing bearish pressure at the resistance area at 75.895.
On the H4, price gapped up and bounced higher but now it has pulled back to 23.6% Fib support. Price is expected to bounce higher but if it could also potentially pull back to gap fill 1st Support at 75.315 before bouncing higher.
This is for personal record purposes only, not financial advise or solicitation of trade.