FOREX THEORY
Relative Strength Index (RSI)
RSI is another momentum indicator that is useful for
confirming reversal breakouts. Basically, this indicator tells us the changes
between higher and lower closing prices for a given period of time. We won’t go
into too much detail about it but if you would like to know more check out our
lesson on RSI.
RSI can be used in a similar way to MACD in that it also
produces divergences. By spotting these divergences, you can find possible
trend reversals.
 RSI is another momentum indicator that is useful for confirming...){kind=link}
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