EURUSD formed Bullish DIvergence (RSI Higher, Price Lower) and then broke its bearish trendline.
Now, EURUSD is testing its MA 200 H4 and FIbo 50% around 1.0283.
Break Above 1.0283 Retarget 1.0361.
Break & Hold Above 1.0361 Retarget 1.0473 & 1.0615.
Strong Resistance at 1.0615.

But Fail To Break Above 1.0283, Retarget 1.0108.
Break & Hold Below 1.0108, Bearish. Retarget 0.9952.

Bullish DivergenceeuroEURUSDFibonacciForexSupport and ResistanceTechnical AnalysistradingideatradingsignalstradingstrategiesTrend AnalysisUSD

إخلاء المسؤولية