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The EURUSD 4-hour chart is where we currently set our sights. Here, we unveil a trade idea that hinges on the fascinating interplay of price action and the RSI indicator, revealing a hidden bearish divergence amidst a prevailing downtrend. Price action tells a clear story - it's still moving lower, firmly ensconced within a downtrend. Yet, it's the indicator that...

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In the ever-evolving world of Forex, we find ourselves amidst a fascinating juncture on the EURUSD 4-hour chart. This trade idea revolves around the intriguing interplay of divergence, price action, and the RSI indicator, as we navigate the shifting tides of the market. Divergence, that age-old harbinger of potential market reversals, has made its presence known...

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Just My Chart Mark Up / Analysis I expect a retracement on the 1hr to the 46337 - 46137 zone. The 44164 area is another zone to watch out for . If the price holds above the critical zone of 44164, we expect the uptrend to continue.