IndiaCharts

JPYINR

JPYINR - The 58.78 mark is the blue resistance line of the tight trading range. The recent move up is a small series of i-ii-i-ii and we should see extentions. A breakout above 58.78 should first test 60, and then go to the 61.8% retracement of the entire fall near 63.50 next. 

jpyinr 020218