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Divergensity

JPYINR consolidating

JAPANESE YEN / INDIAN RUPEE (FX_IDC:JPYINR)  
Divergensity  
FX_IDC:JPYINR   JAPANESE YEN / INDIAN RUPEE
Trend Analysis Chart Patterns Wave Analysis JPYINR
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trendanalysis chartpattern waveanalysis jpyinr
The pair seems to be in a 60 min consolidation. Once this consolidation is done and the pattern is completed, it could move Upwards to retest the previous highs. I wouldn't go short at this point but I wouldn't buy either- before the consolidation is done.
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