akyong

EURUSD: Divergence detected

FX:EURUSD   Euro Fx/U.S. Dollar
As price continued to make new lows, we have an RSI divergence formed. On top of that, we have a potential bullish harmonic pattern completing slightly lower as well. We might potentially see price move towards the 1.1235 region before coming back down.

Should the 1.1235 region is being violated, highly price will move higher towards the 1.1285 region.

As long as these two regions hold, the overall sentiment on this pair remains bearish .

I would love to hear your opinion, feel free to comment, agree or disagree.

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KY
Chief Currency Strategist
Alpha Play Forex Trading School - www.alphaplay.com.sg
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elierostoum
2 years ago
i like that !! i was so late but i read other charts at this time
i really think that EUR/USD will go higher than these resistance levels but opportunity for going down is very high too
+1 Reply
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