Multiyear Trendline confluence Bounce update
On January 31st and February 2, Techonomic Trading Analyst posted a confluence of 2 multiyear Trendlines coming together for the Euro with a clear divergence in Price and RSI. Additionally, we posted that in our opinion this move had legs on that merit alone and that the ECB rate Decision and follow up jargon by the ECB could add strength. Techonomic Trading Sytems (90%) Technical Analysis with (10%) Fundamentals. Trading made easy.
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