Is EU EURUSD about to turn a corner here?

١٨ يناير ٢٠٢١

Hit a very strong daily level, and on the 4 hour we can see that it is extremely oversold. I would be very surprised if this level cut through like a knife. I am expecting a rally to the breakdown level which is 1.214, but we may possibly have seen the bottom here as bullish divergences are forming across most time frames now.