$EURUSD #shortterm fail on #oversold and over committed #short?

FX:EURUSD   Euro / U.S. Dollar
#Divergence this morning on the early charts (15mins) worth a look from the #buy side?

The market has been feeling very oversold with almost every market participant calling for lower. To me this sounds like a time to look the other way for a #squeeze to 1.09-1.10 area. Anyone else?
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