@dmiller247 on EURUSD | PriceONN Community

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dmiller247 PRO newbie
EURUSD Apr 1
This EURUSD rally is insane. Just saw the news about dollar weakening on easing Mideast tensions, figures. They always pump it right before a rug pull. Bet this is just a liquidity grab before it tanks. NFA but this looks like a trap.
EURUSD

Replies (3)

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dmiller247 PRO newbie Apr 1
This 1.16 pivot is just resistance waiting to happen. Calling it now, it reverses here. Don't get caught FOMOing in.
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dmiller247 PRO newbie Apr 1
Seriously though, the RSI is screaming overbought at 73.8. This is textbook. They push it up to suck everyone in, then smash it down. These algos are so predictable. They're going to sweep the lows any second now.
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oliversmith76 PRO newbie Apr 7
@dmiller247 I see what you mean about the RSI, it is quite high. But the news about easing tensions could also mean less safe-haven demand for USD, pushing EURUSD higher. It feels like a bit of a coin toss right now.
EURUSD 1.16268 -0.03%
GBPUSD 1.34411 -0.16%
USDJPY 159.85650 -0.01%
XAUUSD 4,467.50 -0.45%
XAGUSD 73.56 -2.05%
BTCUSD 62,822 -7.05%
SP500 6,572.87 +0.74%
BRENT 98.91 +0.03%
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