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If underlying prices make a new high or low that isn't confirmed by the RSI, this divergence can signal a price reversal. Traditionally, RSI readings greater than the 70 level are considered to be in overbought territory, and RSI readings lower than the 30 level are considered to be in oversold territory. Or, read more articles on DailyFX You are subscribed to DailyFX You can manage your subscriptions by following the link in the footer of each email you will receive An error occurred submitting your form.
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