USD INR Trading near Critical Resistance

The significant fall in USD INR gets halted with a double bottom around 68.38 levels in July month.

From there, prices are in the steep rise, without showing any vital reaction.

But now on weekly charts, USD/INR is trading near-critical Time & Price Resistance area. The range of 72.29-72.60 is the critical area to watch out for great reaction.

On the lower side, crucial support is located at 70.50 levels.

Additionally, as per the Gann Analysis, the SEP month is critical for this currency pair. We can see substantial fluctuations and reactions in this month for the further market trend.

If we interpret the things from Cycles point of view then also last week Key cycles had hit there point. Plus a few other cycles will end there a period in the coming week.

Note: Above mention Price projection & other Information are for educational purpose only.