Views On, Divergence
MACD difference alone can't be applied as FX sell signal. Before making any long or short responsibility, the present expense action should confirm the difference. In one of the other words, confirmation is needed to open a counter - trend day trade. For exemplar, there is a growing difference, so the current rate is making a diminutive small. In case the sell find support at the new minimal spot and main title ascending by either making higher lowlands or penetrating and standing overhead resistance, that is the kind of price action for confirmation of trend reversal. In the case the trade proceeds making lower diminishes, a counter - trend place should by no means be began in that incident. Yesterday was the fourth twenty-four hours of closing down for yen. If the rate remain upper yesterday's low, it would be unwise to start a short viewpoint.