yndesai

USD INR rally status

yndesai Updated   
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
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.
Comment:
Gets rejection at 83 levels. Lets wait to see what happens in 7-10 days time.
Comment:
Taking resistance. Also there is strength in Nifty. continue to monitor.
Comment:
Pullback started...
Comment:
Weekly RSI is still making lower high...

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