EUR/USD RSI Divergence Possible Long

19. Aug. 2021

In it's current downtrend it is at a strong level of support. I believe price will dance around this area for a bit and reverse to the upside. Price action is strong to the downside and along with the current downtrend a long is a "long shot" however what I think may happen is a reversal. Looking at the RSI I have noticed a pattern whenever the trend is going to switch directions. If this happens, that would be great, it not, it'll be another learning experience.