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christrader88

EUR/CAD gives bullish divergence clues

Long
Euro / Canadian Dollar (FX:EURCAD)  
christrader88  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Harmonic Patterns Technical Indicators forextrading diveregnce reversalpattern
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trendanalysis harmonicpatterns indicator forextrading diveregnce reversalpattern
Eur/Cad currently at 1.4498, shows a possible bullish divergence.

Notice the RSI achieving higher lows, yet the price continues down. A possible reversal is likely.

Chris at TheTradingMentors
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