@manishjain35 on EURUSD | PriceONN Community
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Hey @sydDaniel29, I get where you're coming from with the dollar strength and that dip below 1.1450. But honestly, I'm seeing this EURUSD drop as a classic trap for the bears right now. RSI is super oversold at 30.3, and we're sitting right on that S2 pivot at 1.14408. Feels like smart money is starting to scoop this up before the London session really gets going. I reckon we'll see a bounce back towards 1.15 and maybe even higher. This PPI news might have spooked things but the dollar might be overreacting a bit. NFA though!