Convergences and Divergences

Upper chart shows the USINDEX, the lower one the EURUSD. Many divergences took place (extreme on one not confirmed on the other one). That's why 91.92 on the INDEX is currently important. There is a potential bullish divergence with EURUSD having made a lower low recently, not confirmed yet on the Index. The breach of 91.92 would give a more durable tone to the current $ downtrend.