EURUSD remains in bullish trend but RSI provides us with the first warning

EURUSD is making higher highs. Price remains inside the bullish channel and as long as price is above 1.1315-1.13 bulls will have the upper hand. The RSI is however not making higher highs and doesn’t follow price. This is a bearish divergence. Blue lines – bullish channel Black line – bearish divergence As long as […]