DannyBly
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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:
and
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:
![euraud.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderslog.com%2Fstatic%2Fimages%2Fuploads%2Feuraud.jpg&hash=afbadfddad1cd480d5f2c0debcab0ceb)
and
![usdmxn.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderslog.com%2Fstatic%2Fimages%2Fuploads%2Fusdmxn.jpg&hash=6ca672f24bd28c6c46a2220eb6dd574c)
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