EURUSD to re-gain losses?
Good Evening Traders,
The EURUSD may be looking to re-trace some of its recent losses. It is possible we are nearing the end of a deep correction before another increase in price. Hidden Bullish Divergence has formed on the 8H MACD/Price Chart and the MACD has fallen well below the zero-level.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
The EURUSD may be looking to re-trace some of its recent losses. It is possible we are nearing the end of a deep correction before another increase in price. Hidden Bullish Divergence has formed on the 8H MACD/Price Chart and the MACD has fallen well below the zero-level.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.