EURUSD watch out for possible rebound at 1.1

Dear Traders,
as you can see at 1.1 there is a confluence of a key support area plus the 20 SMA.

Let's wait and see if EURUSD prints a bullish candle down there; that would be a decent opportunity to BUY EURUSD for a 400/500 pips ride on the upside.

Cheers
R