Michael_Harding

EURUSD - RSI Divergence with Bullish Breakout

FX:EURUSD   Euro / Dollar Américain
Daily timeframe, PA broke above 2 levels of resistance last week and now looks to stall out with RSI providing information on lack of bullish momentum.

For now, I'm waiting to see my small green line on the chart get tested where I have an alert. Will PA break back below support which was previous resistance and will we test the 50% pullback area (small green line) to then add to the bullish continuation?

Time will tell, for now I just need PA to test the small green line for my next assessment on what to do or how to trade this.

That's it - That's all
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