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USDINR: Bearish Divergence in hourly chart
U.S. Dollar / Indian Rupee
Short
USDINR: Bearish Divergence in hourly chart
By pradipandsuvra
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Dec 5, 2022
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Dec 5, 2022
In
USDINR
here are the features we can see:
There is a clear bullishness throughout the session. I would say Very Bullish. All candles are hollow and green in hourly charts.
There is a bearish divergence in the #USDINR hour chart. Price highs are not sustained by RSI new highs - shown in the photo
Most likely: the uptrend will pause as there is a momentum missing.
So Dec Future is a short candidate for USDINR.
Divergence
Oscillators
Trend Analysis
USDINR
usdinr-forecast
pradipandsuvra
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