Akshay15

USDINR Momentum Divergence.

Long
OANDA:USDINR   U.S. Dollar / Indian Rupee
64 views
2
One thing which really helps to make a trade against the trend is momentum divergence, as can be seen in case of USDINR chart though pair has dropped, clear divergence can be seen in momentum as ROC has sustained above it's 20 period EMA . Which indicates that downtrend momentum is getting weak & pair can move back up.

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