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Regular Bullish Divergence EUR/AUD

Discussion in 'Other Currency Pairs' started by DannyBly, Jun 23, 2008.

  1. DannyBly

    DannyBly New Member

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    Regular divergence between price and a momentum oscillator such as RSI indicate a possible trend reversal.

    The scenario of price making lower lows along with the oscillator is making higher lows is described as regular bullish divergence - suggesting a bullish trend reversal.

    The daily charts of EUR/AUD and USD/MXN have recently exhibited regular bullish divergence:

    [​IMG]

    and

    [​IMG]

    Analysis By TradersLog.com
     
  2. Smooth=1

    Smooth=1 New Member

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    Great info, thanks!
     
  3. shabkhan

    shabkhan New Member

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    Good advice need to little bit give more informations
     
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