Hari-Ram-Kumar

JPYINR hit 5 week Low

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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.

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