EURUSD Buy Signal

Pattern: Channel Down on 1D.

Signal: Buy as the price is near (a) the Lower Lows trend-line (bottom) of the Channel, (b) Support 2 and (c) the RSI is priting a HL pattern similar to the previous times that a rally was followed.

Target: 1.2100 (just below the 0.786 Fibonacci retracement level.



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