JPYINR - Technical Commentary

JPYINR - Technical Commentary

Ankit Nagpal
09 Sep 2019 06:59 PM
After the sharp rally started on the first day of August 2019 has continued for 2 more days (till 3rd of Aug 2019) - prices after 3days of vertical gains had gone into the consolidation phase - for over a period of month. The tug of war between bears and bulls has finally gave a downside breakout to the price action on 06th of current month. The breakout has finally gave a clear indication about the direction of JPYINR in near term - a down break of prices has opened the door for JPYINR to test 0.6620-30 mark in near future

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