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Ilikethehell
Apr 9, 2020 8:28 AM

JPYINR 4h time frame, Target 67 and 65 April month expiry. 

JAPANESE YEN / INDIAN RUPEEICE

Description

JPYINR rolling in a falling trend channel and created a small H&S in the 4h time frame.
Target 67 and 65 till April month expiry.

Reasons:
1. JPYINR rolling through a falling trend channel.
2. Price created a small H&S in the 4h time frame.
3. Indian Equity market doing nice recently.

Comment


JPYINR too brokeout the downwarrd trend channel so looking for 73 next possible
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