If you put in a Fibonacci retracement level of the high and low today, you will notice that the eur is finding it hard to break through the 38.2 level down. This here i use as a support level. Also you will notice that buyers start jumping in and both the RSI and Stochastic are oversold on both the 15 min and 30 min level. The buy candles are final confirmation of that. See my chart below. NOTE: this is not always the case but has worked for me most times.
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