The falling wedge breakout seen in the USD/INR 4-hour chart indicates that the pullback from the record high of 74.48 reached on Oct. 11 has ended and that level could be put to test in the next few days. The RSI on the 4-hour chart is holding in bullish territory above 50.00 and is looking north. The falling wedge breakout also adds credence to the bullish view put forward by the still ascending 5-week and 10-week EMAs. Indeed, the pair has produced a strong bounce from the bullish 5-week EMA. Acceptance below the 200-candle EMA on the 4-hour chart would weaken the bullish pressure. Currently, the USD/INR is trading at 73.86 – up 0.30 percent on the day. 4-hour Chart USD/INR Overview: Last Price: 73.694 Daily change: 0.0 pips Daily change: 0.00% Daily Open: 73.694 Trends: Daily SMA20: 73.6558 Daily SMA50: 72.5226 Daily SMA100: 70.6265 Daily SMA200: 68.1585 Levels: Daily High: 73.709 Daily Low: 73.419 Weekly High: 73.847 Weekly Low: 73.095 Monthly High: 73.009 Monthly Low: 70.6921 Daily Fibonacci 38.2%: 73.5982 Daily Fibonacci 61.8%: 73.5298 Daily Pivot Point S1: 73.5057 Daily Pivot Point S2: 73.3173 Daily Pivot Point S3: 73.2157 Daily Pivot Point R1: 73.7957 Daily Pivot Point R2: 73.8973 Daily Pivot Point R3: 74.0857 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin stays under $6,300 as Jimmy Song says it is the most secure digital asset FX Street 4 years The falling wedge breakout seen in the USD/INR 4-hour chart indicates that the pullback from the record high of 74.48 reached on Oct. 11 has ended and that level could be put to test in the next few days. The RSI on the 4-hour chart is holding in bullish territory above 50.00 and is looking north. The falling wedge breakout also adds credence to the bullish view put forward by the still ascending 5-week and 10-week EMAs. Indeed, the pair has produced a strong bounce from the bullish 5-week EMA. Acceptance below the 200-candle EMA on the 4-hour chart would… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.