Regular Bullish Divergence EUR/AUD

#1
Regular divergence between price and a momentum oscillator such as RSI indicate a possible trend reversal.

The scenario of price making lower lows along with the oscillator is making higher lows is described as regular bullish divergence - suggesting a bullish trend reversal.

The daily charts of EUR/AUD and USD/MXN have recently exhibited regular bullish divergence:



and



Analysis By TradersLog.com