Our preference
Long positions above 1.12962 with targets 1.15308 – 1.16340 – 1.17498 in extension.
Alternative scenario
Below 1.12962 look for further downside with 1.11180 as targets.
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What had I written about USDINR @ JUNE 25, 2018, 12:43 AM (IST)? click here.
…Caution: Top breakout can make this pair unstoppable upside. That’s why I named Strom’s Initiator on above chart. We may see these levels: 69.450 – 70.291.
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EURUSD hit your first target. what should I do?
Fantastic call of GBPUSD and now excellent chart.