USDINR is forming a bat harmonic PRZ pattern. It just broke above point B level and activated the pattern. PRZ(Price Reversal Zone) level would be at 88.6% retracement of XA which is 95.4597. Note
Target is hit. Let's see if it reverses from here or continue going up. Next target would be for Alternative Bat PRZ (113% extension) at 75.90.Note
Target#2 is nearly hit. It reversed from 75.84.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.