EURUSD - Momentum divergence - what happen?

Euro Fx/U.S. DollarFXCM

Description

⋅ May 7, 2021 4:51 PM

The price has a bearish divergence .. that's strange.
I will wait the next move but this new long could be really .. strange

what do you think about that?

Trend Analysis

Comments

LydiaChiu

⋅ May 8, 2021 3:07 PM

Eur macd is turning up, bullish

jaydeetrading

⋅ May 7, 2021 7:54 PM

NFP numbers happened

billygains

⋅ May 7, 2021 7:29 PM

Could it have been NFP?

flyhorse

⋅ May 7, 2021 8:10 PM

@billygains, yes this is reaction on NFP .. very bad number .. but in any case the momentum its clear .. there is a bearish divergence .. so I'm not very sure about this long leg .. we will see next week. What do you think?