JPYINR IN A RANGE

JPYINR 0.66893 has formed head and shoulder pattern before consolidating in a rising Chanel. During this week It is likely to give a breakdown from the Chanel.

The target of the pattern would be 0.6653, about 40 paise below current price. It will not be valid above 0.6711 about 20 paise above the current level. Risk:Reward= 1:2

Disclaimer: This is not a recommendation to buy or sell. For education purpose only.