Hari-Ram-Kumar

JPYINR hit 5 week Low

بيع
FX_IDC:JPYINR   JAPANESE YEN / INDIAN RUPEE
JPYINR
Breaking below the 5 week support, price action validated the down trend line.
It continued to drive below the low of April 2020, which invalidated the expectation of support at disjoint angle.
Trend is bearish until the price offers further clues on reversal.

However not to be in a hurry to catch the running market.
Lets wait for the price to retrace and it shall be indicated by a bullish 1D candle.

Requesting you to post your comments favoring or against my thoughts, it shall motivate me to further learn and improve my skills.
Please support me by sharing with your friends.
I always look to discuss with you, hence please chat with me.

Thank you.

التحليلات ذات الصلة

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.