Regular Bearish Divergence AUD/NZD

Discussion in 'Forex' started by DannyBly1, Jun 25, 2008.

  1. Price having broken out from the trend channel as shown on the daily chart continues to make higher highs. Meanwhile RSI has been making lower highs, suggesting a possible trend reversal. Support should exist along the upper trend channel line (formerly resistance).

    [​IMG]