In this video, the Trader Guy looks at the USD/INR pair for the August 14th session
USD/INR — The dollar rallied a bit on Thursday session as the 74.50 level is offering support at the moment. You can make an argument for a potential descending triangle pattern. Also, this market looks likely to consolidate within this range for a while. The Fed is printing dollar at the moment. But the coronavirus situation in India is not helping the rupee either. A break above the 75.00 level is seen as a strong bullish move to the upside. As long as this market remains above the 200-day EMA, this pair is bullish. In the meantime, this is seen as a market good for scalpers.