As seen in the Daily price chart of EUR INR it is on the resistance level on 20 th November.on 20th november market gaped up and closed down. As per price action EURINR is on the resistance level ,therefore there is a maximum probability to go down on 21 th november.
Daily price chart of EURINR on 2o th November
It is clearly observed as per price action there is a bearish set up created on the resistance level in EUR INR. Today at 4.55 pm I carry forwarded my Short Position in EURINR as there is a bearish trade setup. Tomorrow my target for EUR INR is 30 points.
Happy Trading