USD/INR looks to have charted a pennant pattern on the daily chart. A breakout would mean a continuation of the rally from the low of 71.40 and would open the doors a re-test of 77.42. Acceptance above that level would open the doors to 80.00.
A pennant breakdown would imply a bullish-to-bearish trend change.
A pennant breakdown would imply a bullish-to-bearish trend change.