Get started
ssen

USD-INR ready to reverse

Short
ssen Updated   
OANDA:USDINR   None
Trend Analysis Chart Patterns Technical Indicators macddivergence Bearish Patterns
6
5
trendanalysis chartpattern indicator macddivergence bearish
Wkly chart of USD-INR pair is showing all signs to reverse trend from this week.
MACD divergence, long upper shadow in weekly candles and a strong wedge resistance have a strong probability to push the USD to the lower levels as market in the chart.
Comment:
price is moving down slowly from the wedge top as anticipated.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.