USDINR - 04Jan2022
On the H4 timeframe, price is currently at h&s downside target of 74.265. As long as this level holds, we could expect price to bounce back to 1st Resistance at 74.7530.
It is also worth noting that there could be an inverse h&s forming on H1 with the price target of ~75.85.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4 timeframe, price is currently at h&s downside target of 74.265. As long as this level holds, we could expect price to bounce back to 1st Resistance at 74.7530.
It is also worth noting that there could be an inverse h&s forming on H1 with the price target of ~75.85.
This is for personal record purposes only, not financial advise or solicitation of trade.