Good Evening Traders,
The EURUSD may be looking to re-trace some of its recent losses. It is possible we are nearing the end of a deep correction before another increase in price. Hidden Bullish Divergence has formed on the 8H MACD/Price Chart and the MACD has fallen well below the zero-level.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
The EURUSD may be looking to re-trace some of its recent losses. It is possible we are nearing the end of a deep correction before another increase in price. Hidden Bullish Divergence has formed on the 8H MACD/Price Chart and the MACD has fallen well below the zero-level.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*