Hidden divergence on the EURUSD

FX:EURUSD   Euro / U.S. Dollar
The 50-day Disparity Index shows a hidden divergence on the EURUSD             that has formed over the past 2 months. It's easy to say that the euro's bearish trend is strengthening ever since the high made at $1.103 on Monday, but it's important to highlight the fact that the presence of such a bearish divergence will likely lead to a break of March's lows ($1.046) with possible continued selling pressure all the way down to parity (this is almost every sellers target it seems like, so why not). Divergences provide momentum setups to profit from strengthening of trends, and in such a case it's recommended to hold short positions for as long as possible.
Yes. Trend is your Friend. The bullish trend is very strong until parity is reached.
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