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.



4 comments:

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

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

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

    ReplyDelete