USDINR - Bullish divergence, potential for recovery
The pair has found support around 64.76 (227.20% Fib extension). Today's positive candle would confirm a bullish price RSI divergence and open doors for a technical correction to 65.20 and 65.61 in the short-run.
Also watch out for the breach of the descending trend line on the daily RSI. That would add credence to the bullish price-RSI divergence
Also watch out for the breach of the descending trend line on the daily RSI. That would add credence to the bullish price-RSI divergence
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