EURUSD reached the bottom of the six week Channel Down, completed a -2.70% decline such as the previous one and turned the 1H RSI extremly oversold (RSI = 17.487, MACD = -0.002, ADX = 31.778). This is a low risk chance to take a short term buy to the top of the Channel Down. Our target is, as with the previous rebound, the 0.618 Fibonacci level (TP = 1.08250).
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I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.