Jahir_Jack

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

FX_IDC:JPYINR   JAPANESE YEN / INDIAN RUPEE
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