EURUSD 60 A possibility for a Bearish Divergence

EURUSD 60 A possibility for a Bearish Divergence

According to the RSI bearish divergence signal from RSI and MACD and somehow the completed bearish butterfly in EURUSD 240, there is a possibility we have a downward trend in EURUSD in coming days. However, never forget to check the fundamental analysis and be careful with higher high line. If market breaks this line, there is a possibility of upward trend in this ticker. So we sell if the lower line breaks, or we buy once the higher high line breaks.

Related publications

Disclaimer