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EURUSD ready to bounce up again.

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Euro / Dolar A.S. (FX:EURUSD)  
W4DL  
FX:EURUSD   Euro / Dolar A.S.
Trend Analysis Support and Resistance EURUSD eurusdlong support Relative Strength Index (RSI) feedback
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trendanalysis supportandresistance eurusd eurusdlong support relativestrengthindex feedback
The bigger picture on EURUSD shows us that the possibility is there that we have reached the bottom.
The horizontal line as drawn has been a support multiple times.
This time the RSI is even lower than the previous times, except the time it broke the support.
The difference between now and the time it broke the support is that we already have a bullish daily candle at the moment.
For a Risk Reward this can be a very good trading opportunity.
Thanks for feedback, and a like would be appreciated!
Penafian

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