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Home >> Stock Forums >> Regular Bullish Divergence EUR/AUD

Regular Bullish Divergence EUR/AUD

DannyBly said: "Regular divergence between price and a momentum oscillator such as RSI indicate a possible trend reversal. The scenario of price making [I]lower lows[/I] along with the oscillator is making [I]higher lows[/I] 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 -"

AlfredSokol said: "I agree enthusiastically and wholeheartedly."