Usdjpy is unfolding in a complex corrective structure as a double zigzag. One should sell on rise near 113.6-113.7 keeping SL of 114.05 for tgt of 112.9 .
USDTHB is at an important resistance level. The resistance is formed since 2017 and if that broken, it may lead the path towards 33. With rising USD index, increase in crude prices and higher US inflation, will we see the breach of the trend this time? Keep a close watch.
This is my additional view for GBPINR, checkout my initial call from 99 levels which also running.
A Single Day Close Above 103.41
& We'll See GBPINR Above 107
Strict SL - 99.2 (WCB)
Risk Reward - 1:1, 1:1.5
USD INR has been respecting Harmonic Trading Patterns at every stage. Will it oblige this time too? If yes then if 73.25 holds 74.50 (falling trend line) could be retested.
