EURUSD- 19Apr2022
On the H4, price continues to drop lower to the previous lows. However, H4 RSI has been forming negative bullish divergence where price is making lower lows but RSI is making higher highs. We should be very cautious on the downside as price could reverse any time.
This is for personal work record purposes only, not trade / financial advise or...
GBPUSD- 19Apr2022
On the H4, price is expected to continue dropping lower to 1st Support at 1.29665. Thereafter, we need to monitor the price action for future indication. Also noting that H4 Stochastic is at support.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 19Apr2022
On the daily, price is bouncing higher after a triangle breakout with upside target to around 78.200, Before that could take place it has to close above 78.6% Fib retracement at around 76.758.
On the H4, price faced bearish pressure from the 1st Resistance at 76.4250 yesterday. H4 is still playing out its previous h&s pattern. If price actions...
