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Hidden Bullish Divergence During Thin Liquidity


Thin liquidity during holidays could spike Forex pairs in a more sudden and volatile price movements. The EUR/USD is showing higher lows on the price and lower lows on the oscillator that accounts for a hidden bullish divergence. However, due to a thin liquidity 2 way movement is possible. Above L3 camarilla pivot - 1.0460, we could see 1.0475 and 1.0490 as possible targets . Should the price drop below an X cross ™ at 1.0435 watch for 1.0425 and 1.0405. ATR range is much lower so the targets are lower too.

Tuesday, 27 Dec, 2016 / 9:44

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