USD INR rally status

Updated
Will USD INR continue the uptrend.?

Clear divergence in RSI says NO.

It is also trading at the upper end of the rising channel.

Lets watch watch what happens at the current resistance of 83.

If USD makes top we can see rally in Nifty.
Note
Gets rejection at 83 levels. Lets wait to see what happens in 7-10 days time.
Note
Taking resistance. Also there is strength in Nifty. continue to monitor.
Note
Pullback started...
Note
Weekly RSI is still making lower high...

snapshot
Centered OscillatorsParallel Channel

Disclaimer