UnknownUnicorn3740956

Could EUR/USD be looking to go back to the top?

Long
OANDA:EURUSD   Euro / U.S. Dollar
Find out in the next day of trading EUR/USD....

okay,after a while looking for a long term signal on eurusd,i think we have finally reached that level of support which can be
a potential buying point,
here are the key factors for my analysis :
  • The 1D & 4H RSI has reached the oversold area
  • The graph is in an uptrending movement,since 23 March 2020
  • The volume for bear candles/momentum is starting to decrease,thus signalling a potential reversal
  • The graph has touched the trendline inn the 1D timeframe

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.