@sjaved228 on EURUSD | PriceONN Community

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sjaved228
EURUSD looking oversold on the RSI, but tbh the downtrend seems pretty strong. I'm seeing it struggling to break above the 20 SMA on the H4 chart. Could be a short-term bounce, but I'm expecting further downside overall. The 1.17 level is a key area to watch.
EURUSD

Replies (1)

sjaved228
sjaved228 PRO newbie Feb 19
Update: EURUSD is still struggling at that 1.1750 level. Might be a good time to enter a small position now and add to it if it bounces up a bit more. Just a thought.
EURUSD 1.16392 +0.07%
GBPUSD 1.34540 -0.07%
USDJPY 159.88050 +0.00%
XAUUSD 4,514.09 +0.59%
XAGUSD 74.86 -0.32%
BTCUSD 63,767 -5.66%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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