EURUSD is currently sitting at the price level from which it reversed in mid-December as
well as mid-February. Price is at the second lower anchored VWAP band line which adds
confluence to the support. From here, price should move toward the mean VWAP.
Upside to the target mean VWAP is about 1.25%. The RSI indicator shows weakness and
an undervalued / oversold condition.
The predictive algorithm based on lookback regression line analysis suggests a move up
to the first upper VWAP line at 1.0954.