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JPYINR - completing a ending diagonal- Upside Bias is high

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FX_IDC:JPYINR   JAPANESE YEN / INDIAN RUPEE
The JPYINR pair has just broken out of a downside wedge (classical charting). Wave counts indicate a complete ending diagonal (Elliotwave
count) with all subwaves visible. Moves following the completion of diagonals are fast and we can expect a quick move to the 60.00 - 61.00 as an initial target subject to the recent low of 54.63 holding

Michael @ SolomonsView

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