@emorgan714 on EURUSD | PriceONN Community

Hey @emorgan714, I agree that the dollar seems to be losing a bit of steam, especially with that DXY dip yesterday on the back of some easing geopolitical tensions and that US inflation forecast looking a bit shaky with oil prices spiking. It definitely gave EURUSD some room to breathe and push towards that 1.16 handle. However, I'm watching that RSI very closely, it's well into overbought territory now, and this quiet Sydney session volume isn't inspiring much confidence for further upside. I'm wondering if we're just seeing a temporary correction before the next move, or if this is the start of a more sustained reversal. It's tough to make a solid call with this low liquidity. I'm hesitant to add to my long position right now, even though the setup looks superficially bullish.