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Extremely Oversold At Support: A Bullish Retracement is Likely
Euro / U.S. Dollar
Long
Extremely Oversold At Support: A Bullish Retracement is Likely
By RizeSenpai
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Jun 16, 2021
4
Cheer
Cheer
Jun 16, 2021
I think the EURO will rally back to make a 50 percent retracement before continuing to the downside.
The RSI is extremely oversold on multiple timeframes and it's at a strong support level, A temporary bounce wouldn't be unexpected.
Bearish 5-0
Bullish Shark
Harmonic Patterns
Technical Indicators
oversoldbounce
Trend Analysis
RizeSenpai
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