Short
USD-INR ready to reverse
Updated
Wkly chart of USD-INR pair is showing all signs to reverse trend from this week.
MACD divergence, long upper shadow in weekly candles and a strong wedge resistance have a strong probability to push the USD to the lower levels as market in the chart.
MACD divergence, long upper shadow in weekly candles and a strong wedge resistance have a strong probability to push the USD to the lower levels as market in the chart.
Note
price is moving down slowly from the wedge top as anticipated.
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