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:
and
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