EURUSD hit yesterday 1.0500, a price we last saw 13 months ago on October 13th 2023. That is the bottom of the Rectangle pattern and it is technically a rare buy opportunity. Additionally, it appears to be repeating the bearish wave of July - September 2023, which bottomed on step 4 and rebounded above the 0.618 Fibonacci extension.
Trading Plan: 1. Buy on the current market price.
Targets: 1. 1.09235 (Fibonacci 0.618).
Tips: 1. The RSI (1d) is on a Rising Support, thus a Bullish Divergence. That is an additional buy signal.