USD/INR came down as it was seen and same was posted in my previous post.
Divergence in USD/INR.
Now what lies ahead???
Support at 38.20% retracement level.
Momentum turned up.
MACD is narrowing
RSI is moving side ways.
Seems like USDINR will start moving upside. SL of 54-53.90 on closing basis.
This is my personal view and one should consult their adviser before trading.
Regards.
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