If you take a quick look to the chart , you can easily notice the hidden bearish divergence on weekly !
From the chart above , it's obvious that we are in strong downward trend !!!
The last 5 or 6 weeks , the pair breached and closed above EMA 50 and made a new high " peak" at 85.50 , the next week , the pair couldn't hold too much , it dropped strongly , not only below EMA 50, but also below EM…