USD/NOK could be facing downside pressure as its MACD failed to test recent
highs.
A bearish divergence between USD/NOK spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead. Further, the MACD line crossed below its signal line on a 4-hour closing basis, an event that can be interpreted as a bearish omen.
A bearish divergence between USD/NOK spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead. Further, the MACD line crossed below its signal line on a 4-hour closing basis, an event that can be interpreted as a bearish omen.
![[iVISTscalp5]: TLV — Guide to Working With Timings](https://c.mql5.com/6/1005/splash-preview-770048.jpg "[iVISTscalp5]: TLV — Guide to Working With Timings")