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The bullish divergence between the indicators (MACD and RSI) and the price on the 4-hours chart have push the EUR/USD up.
The exponential moving average 50 (EMA50) stop the EUR/USD short term uptrend on the daily chart. The upper Bollinger band merges with the EMA100 witch reinforce this level’s resistance (1.2075/1.2120). The indicators...(suite)