EURUSD SIGNAL

The 1hr EURUSD chart has just made a beautiful divergence in Relative Strength and Price. The figure below shows us that the price of the pair is falling but the Relative Strength index shows us there is strength in the orders. This is called Positive Divergence The price dramatically changed from a negative day to a positive trading day in just  hour with the 11:00AM (EST) candle moving to the upside by 36.8 pips. A move above 1.296 could mean a move higher is in store for this pair; But I would consider this here a signal to look for an opportunity to buy at the bottom of a major correction. Stay tuned to find out if the EURUSD will show us more signs of a move to the upside!!