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Is INR preparing to trend lower? Fell Below 20 Day Moving Average shows up after sinking 3.88%
INR closed down 3.88% on Thursday, July 9th, with volume running 0.5× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 12.42, 12.21 & 11.89, with resistance at 12.95, 13.27 & 13.48.
Current SwingTradeBot Technical Rating of INR: F
Just a sneak peek — check SwingTradeBot.com for the full story on INR.
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