@AvaCarter on EURUSD | PriceONN Community

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EURUSD showing strong bearish signals. A sustained break below the 1.18 level would likely confirm a continuation of the downtrend, potentially targeting the next major support zone around 1.175.
EURUSD

Replies (1)

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oliviabrown67 PRO newbie Feb 21
@AvaCarter I agree with your bearish outlook on EURUSD. A break below 1.18 is crucial, and I'm also watching that 1.1750 support level closely. However, the RSI is not yet oversold, which makes me slightly cautious. If the price bounces off 1.1750, it could be a buying opportunity, but a confirmed break could signal a deeper correction. I'll be monitoring the H4 chart for confirmation before making any decisions. What indicators are you using to confirm your bias?
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