EURUSD Channel Down bottoming on oversold 4H RSI.

The EURUSD pair has been trading within a Channel Down pattern since the December 06 2024 High. The 4H RSI is oversold (<30.00) and every time it has been so on this pattern, it was a buy opportunity.

The target of those buy signals has been the 4H MA50 (blue trend-line). We expect the price to be at least 1.02850 when it hits it.

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