EUR/USD forms bullish divergence in MACD, targets 1.0950/1.0980
EUR/USD has formed a short term bottom around 1.0880 and is expected to show a slight bounce back till 1.0950/1.0980 inshort term.
In 4 hours chart MACD has formed bullish divergence which confirms intraday reversal ,a light jump is expected.
On the downside break below 1.0880 will target 1.0800/1.0660 in short term.
It is good to buy around 1.08980 with SL around 1.0880 for the TP of 1.0950/1.0980
In 4 hours chart MACD has formed bullish divergence which confirms intraday reversal ,a light jump is expected.
On the downside break below 1.0880 will target 1.0800/1.0660 in short term.
It is good to buy around 1.08980 with SL around 1.0880 for the TP of 1.0950/1.0980