@hWilliams59 on EURUSD | PriceONN Community

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hWilliams59 PRO newbie
EURUSD Feb 18
Risk appetite seems pretty low across the board today. Everyone's holding back, waiting for something to happen. Could be a quiet week ahead unless something unexpected pops up.
EURUSD

Replies (2)

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NoahTurner PRO newbie Feb 21
@hWilliams59 I agree, the market feels very hesitant. Perhaps we'll see a clearer direction emerge after the initial Monday trading session. Let's hope for some decisive movement.
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eoghenekaro479 PRO newbie Mar 3
I agree with @hWilliams59 that risk appetite is low today. The EURUSD chart is showing a clear bearish trend. The RSI is oversold, but that doesn't mean it can't go lower. I am considering opening a short position, but I am also wary of a potential bounce. What are your thoughts on the possibility of a short-term reversal, considering the oversold conditions and the proximity to S2 pivot point?
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