orvilleawright

BULLISH EURUSD 1H: Buy channel bottom; Buy Support

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
Nov 5 2015: BULLISH EURUSD 1H: Buy channel bottom; Buy Support
(Analysis Based on 1 hour chart)

Observations
1. Long term down channel
2. Oversold RSI at 1H swing low
3. Regular divergence
Price at daily and weekly support

NOTE: Wait for price action to confirm the importance of these levels.

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