Long
USDINR View Next week 22 April 2022 Expiry
USDINR multi-timeframe analysis
* On Monthly - last month Price tried to show a downtrend but failed to make a new low and ended up printing Inverted Hammer (Bullish Sign)
* On Weekly - High of previous week hammer taken out (Bullish Sign)
* On Daily - High of neutral candle printed on 13 April 2022 taken out (Bullish Sign)
Reversal Chart pattern - Inverted Head and Shoulder Break Out
Target : 76.46 / 76.65
* On Monthly - last month Price tried to show a downtrend but failed to make a new low and ended up printing Inverted Hammer (Bullish Sign)
* On Weekly - High of previous week hammer taken out (Bullish Sign)
* On Daily - High of neutral candle printed on 13 April 2022 taken out (Bullish Sign)
Reversal Chart pattern - Inverted Head and Shoulder Break Out
Target : 76.46 / 76.65
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