Too Oversold

The levels are settled.

1.0936 -> 1.0891

There’s the magenta-red RSI2 divergence is suggesting a bounce & the daily stochastic (4.5) is too low to be the last low, the same time it needs to breathe a bit.

The 1.0950 break hasn’t been backtested.

The gray divergence can be good for an 85-135 pip bounce.

The extra high energy reserves would be able to accomodate. The volatility cannot be compressed much beyond where it’s at. 3.6 – diverging from the 2.9 anchor point.