EURUSD has exhibited a bearish trend as indicated by the formation of a bearish ChoCh on the H4 timeframe, coinciding with reaching the 288 Fibonacci extension level. Nevertheless, there're a divergence in RSI, suggesting the possibility of a bullish opportunity emerging in the forthcoming week.
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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.