Where is Indian Rupee headed against US Dollar?

I was surprised to read on net, two differently styled articles predicting two different outcomes of strength of Indian Rupee (INR) against US Dollar (USD), authored by the same person, on the same day in a matter of a span of three hours, obviously quoting different sources for different views expressed in the articles leading to confusion galore.

The two links are given below:

First article:

https://www.bloomberg.com/news/articles/2018-04-26/rare-rupee-bull-says-currency-to-gain-as-rbi-will-raise-rates  with time stamp of 8:34 a.m. this morning

Second article:

https://www.bloomberg.com/news/articles/2018-04-25/no-love-for-india-s-rupee-as-analysts-rush-to-lower-forecasts with time stamp of 11:29 a.m. this morning

In my opinion, the intermediate sudden weakness of Indian Rupee against USD is a prelude to continued bearishness of USD against INR which is crystal clear on the charts.

We also need to understand that irrespective of the differential in the potential interest rate hikes by the respective Central Banks on the two currencies and/ or the deficits in the trade/ current accounts of the two countries, the relative positions of the two currencies vis-à-vis each other is a matter of critical importance to determine their respective trends.

The weakness that we have witnessed so far is most likely expected to end with the expiry of the current series of F&O.

For charts the author can be contacted at: riskadvisory@outlook.com.

DISCLAIMER:

These extracts from my trading files are for the purpose of education only. Any advice contained therein is provided for the general information of readers and does not have regard to any particular person's investment objectives, financial situation or needs and must not be construed as an advice to buy, hold and sell or otherwise deal in commodities, currencies, indices, securities or other forms of investments. Accordingly, no reader should act on the basis of any information contained therein without consulting a suitably qualified financial advisor in the first place.