Despite the bearish price RSI divergence on the daily chart, the scope for a fresh exists as long as the pair trades above 112.00 (Nov 30 low).
Only a daily close below 112.00 would add credence to the bearish divergence and revive bearishness.
Only a daily close below 112.00 would add credence to the bearish divergence and revive bearishness.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.