Interesting setup on USDINR charts as the sharp rally seen over the last few days has triggered widespread panic and chaos. Now, the pair has reached important cluster resistance on Daily charts and will attempt to surpass it. Its a very important resistance zone as its created with reference to its all time high of 77.02. A closing above 75.80 will definitely not be a good news. Big Boss RBI will definitely be watching these levels, so we should also track this alongwith the other setups.
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