EURUSD RSI Divergence - Bounce incoming?
Simple idea here,
A) Touched the downward trendline, even if this turns out to be a downward channel this is the bottom of the range.
B) Deeply oversold on RSI ( <20 on both 1H and 2H ),
C) RSI divergence on the 1H
Just targetting a short term pullback here, short term Target 1.083 but potential for a runner up to the 1.09s.
A) Touched the downward trendline, even if this turns out to be a downward channel this is the bottom of the range.
B) Deeply oversold on RSI ( <20 on both 1H and 2H ),
C) RSI divergence on the 1H
Just targetting a short term pullback here, short term Target 1.083 but potential for a runner up to the 1.09s.
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