@M_Reddy on EURUSD | PriceONN Community

Wow, EURUSD broke below 1.1450, that's a big move! Looking at the chart now, that 50 SMA is right around 1.1506, so it's acting as resistance. I saw some decent selling pressure earlier, maybe a fake breakout attempt or inducement? The RSI is still showing bullishness around 62, which is interesting. Could we see a bounce from the S1 pivot at 1.1469? I'm thinking about going long if we see a strong bullish engulfing candle form on the H1 chart near that support. Need to see some confirmation though, this market is wild today!