EURUSD- 04Mar2022
On the daily, price dropped to a lower low from the previous day. But it is coming into weekly strong support.
On the H4, price has dropped below previous lows of 1.1066 but it is coming into weekly strong support. With RSI indicating negative bullish divergence, we could expect EURUSD to be having a dead cat bounce soon.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price dropped to a lower low from the previous day. But it is coming into weekly strong support.
On the H4, price has dropped below previous lows of 1.1066 but it is coming into weekly strong support. With RSI indicating negative bullish divergence, we could expect EURUSD to be having a dead cat bounce soon.
This is for personal record purposes only, not financial advise or solicitation of trade.