Excessive Ranges and Divergence

Yesterday many of the currency pairs presented above average (not to say extraordinary in some cases) intraday ranges when compared to their usual intraday ranges.

Some of these examples were EURUSD, GBPUSD, EURJPY  and AUDUSD.

All of these pairs also had a unique condition of presenting confirmed MACD divergencies on  intraday time frames.

Although I am very fond of trend dollowing trades, sometimes these opportunities show up. However, a lot of experience is needed to take such trades.

Some examples below.

Cheers.

PS: By the way: NZDUSD had an excessive range as well as divergence targeting 0.7940.
PS2: USDCHF also has an excessive range for today along with  a bull divergence targeting 0.8830.