USDINR: Bearish Divergence in hourly chart

٥ ديسمبر ٢٠٢٢

In USDINR here are the features we can see:

• There is a clear bullishness throughout the session. I would say Very Bullish. All candles are hollow and green in hourly charts.
  
• There is a bearish divergence in the #USDINR hour chart. Price highs are not sustained by RSI new highs - shown in the photo
  

Most likely: the uptrend will pause as there is a momentum missing.

So Dec Future is a short candidate for USDINR.