Bullish RSI divergence appeared on EURUSD, which was soon followed by printing of first higher high, it is a sign that trend has reversed and a bullish rally is on the cards. Entry point is determined through fib retracement level of 0.382. Targets are mentioned on the chart.
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.