As you can see we went down all way long from S&D figure #1 (overbought) and till our S&D at figure #2 (oversold) now we can see we been at that level 3 times and now its our 4th time based on a DAILY chart -very- strong level here that takes up for an upward movement (bullish).
However, let's make sure we support it with Fundamental event confirmation before going in. Lets NOT trade purely technical, always confirm Fundamental first.
Source: ForexEasy.CLUB
