Hello Traders! We have a good setup coming up on Euraud. It is forming what seems to be an ending Diagnal and it seems the bottom is at the trendline. for now, there is more downside to be anticipated for a few hrs until it reaches the bottom. Once there, I will be looking for buying oportunities. The buy may last a week or so. Good Luck!
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RSI is showing some major Divergence as it approaches the low Very good indication to confirm this may be a good setup. Worst case scenario should be a break even trade if all goes well