EURINR: Anticipated Happened

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 EURINR 60 mins chart anticipated on 2nd Feb 2022


EURINR 60 min chart happened on 10th Feb 2022


As mentioned in my previous update about EURINR, the pair moved in similar fashion as expected. I had mentioned on 2nd Feb about this pair, "EURINR is all set to move higher till 86.4-86.6 over short to medium term with support at 83.2."

The pair made a high of 86.3 on 10th Feb 2022 and is now showing signs of reversal. It is still early to come to a conclusion that the pair has reversed - Anticipated happened.

To read my previous article on EURINR: Elliott Wave Analysis you can click on the below mentioned link

https://www.marketanalysiswithmeghmody.com/2022/02/eurinr-elliott-wave-analysis.html

Prices after forming wave a and wave b in a regular flat pattern, it was expected that wave c will come close to wave a end , this has exactly happened in the above chart and I was successful in capturing the trend.

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