UJ being in overbought territory since last 1 month it needs a relaxing correction at least towards 1.34xx area. The technique used is called Dankal Waves.
Note
Advance Dankal WavesNote
Done
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.