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EURUSD Positive divergence

 
 
  • EURUSD Four hour chart shows a corrective up move in a channel
  • Daily chart continue to get resisted at 50 Day SMA.
  • Weekly chart is showing a positive divergence which needs price to follow up for a big up move to happen. Breaking recent lows will negate the formation of positive divergence.

Posted by San at 10:44 PM

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