EURUSD is so confusing right now. The trend is bearish but RSI is neutral which makes me pause. Not sure how to plan for swing trades with this kind of mixed signal. Is it just going to range more?
@sharpWind8 I feel your pain! EURUSD can be a real head-scratcher sometimes. RSI being neutral when the trend looks bearish is a classic sign of consolidation. It *could* mean a range, but it could also be a temporary pullback before another leg down. For swing trades, I'd personally wait for a break of either a key resistance or support level to confirm direction. Maybe watch the 50 SMA on the D1? If it breaks above, long; if it rejects, short. Just my two cents, tho. NFA!