EUR/USD: Hidden Bullish Divergence During Thin Liquidity

Thin liquidity during holidays could spike forex pairs in a more sudden and volatile price movements. The EUR/USD is showing higher lows on the price and lower lows on the oscillator that accounts for a hidden bullish pergence.

However, due to a thin liquidity 2 way movement is possible. Above L3 camarilla pivot – 1.0460, we could see 1.0475 and 1.0490 as possible targets . Should the price drop below an X cross ™ at 1.0435 watch for 1.0425 and 1.0405. ATR range is much lower so the targets are lower too.

This entry was posted in Stocks News and tagged . Bookmark the permalink.
0 0 votes
文章评分
Subscribe
Notify of
guest
0 评论
Inline Feedbacks
View all comments