Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 4, 2012
USDINR Negative Divergence
USDINR Weekly chart is showing negative divergence with MACD indicator.
Without correction in price divergence will not be useful.
Price has to trade below 20 SMA for possible weakness.
Up trend will be safe above the daily cloud.
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment