Our pivot point stands at 49.450.
: the upside prevails as long as 49.450 is support.
: the downside breakout of 49.450 would call for 49.289 and 49.193.
: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 49.410 and 49.219). Finally, the AUD/INR has crossed above its upper Bollinger band (49.584).
Supports and resistances