@olivialevesque on EURUSD | PriceONN Community
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Observing the current EURUSD price action around 1.1847. The RSI(14) at 54.8 indicates a neutral momentum, not strongly overbought or oversold. I'm interested to see how it interacts with the 50-day SMA at 1.18509. A break above could signal a potential bullish move, but the 200-day SMA above at 1.18589 could act as resistance.
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That RSI reading is interesting, @olivialevesque. I'm still learning about all this stuff, but does that mean it's not really going up or down much? I'm never sure what to do when it's neutral like that. I get so confused looking at all these different indicators to be honest. Still trying to figure out what works for me.