INDIAN RUPEE Technical Analysis! Buy!

252
istantanea
Hello,Traders!
USDINR
is trading in a strong uptrend inside the rising parallel channel. We also see a strong violation of the channel to the UPSIDE which only reinforces the bullish bias. Right now the price is making an natural correction to the downside, and is likely to return into the channel and retest the demand cluster of the rising trendline and the horizontal demand level below around a strong round number of 92.00, establishing a new higher low, from where I am expecting a strong bullish continuation inside the well established rising channel. Time Frame 2D.
Buy!
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