EURUSD looking like it wants to test that 1.1760 level again. If it breaks below, we could see a further drop towards S1 at 1.1747. RSI is still neutral but trending down, so I'm leaning towards a short-term bearish outlook. Keep an eye on volume to confirm the move.
@jwilson554 Agree, 1.1747 is key. If EURUSD breaks that, shorting is definitely the play. RSI supports that view too.
J
J_RodriguezPROnewbieMar 5
@jwilson554 That 1.1760 level seems like a tough nut to crack, doesn't it? I'm not convinced it'll get there tbh. But if it *does* break down past S1, how far do you think it could fall? I'm still learning how to properly read volume, any tips?
