EURUSD – Bullish Divergence Spotted on Daily Chart

EURUSD on D1 – Chart shows bullish divergence and we seen EURUSD bounced off from lows in the 1.034 zone.

Will the pair continue to go up?

First: We need to see the price close above the Moving Averages

Second: The fast EMA crossing above the slow EMA would be a good sign that the bulls are in control again.

Third: 1.053 level needs to show itself as strong support in order for this pair to start play out the divergence.

~ Anonymous Trader