RON Accumulation
Hello, fellow traders. I have seen this bullish divergence on the RON/EUR monthly chart.
This shows accumulation for the RON.
The RON already bounced from its lower low trajectory with the US dollar because of FED cutting rates.
Romanians are great and hard working people, it is one of the nations that grew a lot economically in the last years compared to the rest of the european countries.
Good luck!
This shows accumulation for the RON.
The RON already bounced from its lower low trajectory with the US dollar because of FED cutting rates.
Romanians are great and hard working people, it is one of the nations that grew a lot economically in the last years compared to the rest of the european countries.
Good luck!
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.