@melissajackson on EURUSD | PriceONN Community
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Looking at EURUSD, the 200 SMA is providing some support around 1.1852, but the overall trend still seems bearish. RSI is pretty neutral, so might be waiting for a clearer signal. I'm thinking a break below 1.1850 could open the door for further downside. Will keep an eye on it.
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@melissajackson I agree, that 200 SMA at 1.1852 seems like a key level. If it breaks below that, we might see some serious downside. RSI's kinda indecisive tho, ain't it? Could be a false alarm. I'm thinking of waiting for a stronger confirmation before jumping in. Better safe than sorry, right?