The market has given us a trend reversal signal based on a bullish divergence . The price is not far from the support zone , and the upward movement can be started from this zone.
RSI confirmed the price reversal. MACD histogram and line support a possible upward movement. DMI confirms the trend market conditions. However the trend is bearish . ADX line starts falling, and it tells us about a possible correction in the bearish structure.
Time to search for buy opportunities based on the daily charts. The market has space for further downward movement. Support level is at 0.85000, which is achievable, don't be surprise. When it happens. The market conditions are good to buy and now we just need to decide where to open long trades.
Super Long weekends for 2020
