EUR/USD 1H chart 3/14/2013 10:50AM EST Breakout, bullish divergence: The EUR/USD has just broken below a March consolidation during the 3/13 US session when it fell below the 1.2955 low. However, it has stalled after finding support at 1.2910 . A bullish divergence with the RSI formed, and the 3/14 US session pushed the EUR/USD back up to the previous consolidation support area, resolving this bullish divergence. The rally in the 3/14 US session is still non-significant. If it breaks above the
EUR/USD 1H chart 3/14/2013 10:50AM EST Breakout, bullish divergence: The EUR/USD has just broken below a March consolidation during the 3/13 US session when it fell below the 1.2955 low. However, it has stalled after finding support at 1.2910 . A bullish divergence with the RSI formed, and the 3/14 US session pushed the EUR/USD back up to the previous consolidation support area, resolving this bullish divergence. The rally in the 3/14 US session is still non-significant. If it breaks above the
