swissmoneymakers

EURUSD - Price struggeling to make a lower Low + Divergence

Long
FX:EURUSD   Euro / U.S. Dollar
Hi Traders!

The market is failing to make a lower Low at this moment.
Simultanously, the MACD Oscillator shows Divergence.
That means, that the Indicator below and the price are not moving in common.
While the market went up and came down again (ref. two green arrows)
the Moving Averages on the MACD were rising.


Share your view on EU in the comments!




Thanks and successful Trading :-)!