May 21, 2012

USDINR Chart analysis


  • USDINR Weekly chart is showing negative divergence with MACD Indicator.
  • But Month chart is showing a breakout above the multi year Resistance line. Bullish traders of this pair need price to sustain above this resistance line on month closing basis for bigger up moves to happen.



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4 comments:

  1. Nilesh PatilMay 22, 2012 at 8:36 AM

    Thankyou Very much SAN sir, i m eagerly waiting for your charts analysis on USDINR.

    ReplyDelete
  2. SanMay 22, 2012 at 9:40 AM

    @Nilesh
    Happy Birthday to you

    ReplyDelete
  3. AanuMay 22, 2012 at 11:18 AM

    sir what can be the price movement for USD INR in coming days

    ReplyDelete
  4. AanuMay 22, 2012 at 12:12 PM

    San sir can their be any RBI intervention for the day .. please update

    ReplyDelete

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