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TOPIC: Negative RSI Divergence

Negative RSI Divergence 4 years 3 months ago #10784

  • Coxpeter
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Yesterday we saw that Euro declined against the US Dollar. It was very much expected after negative RSI divergence.

Investors do not consider it a good opportunity and prefer to stand until time present a move lucrative opportunity to them. There are mixed views on euro vs dollar forecast.

Looking at the multiple scenario and things in the past I believe the ultra-loose, whatever-it-takes-to-get-inflation-up stance taken by the ECB can easily drive the euro to parity with the U.S. dollar.
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