@RohanShah on EURUSD | PriceONN Community
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EURUSD appears to be exhibiting a consistent downtrend, particularly when observing the Simple Moving Averages. The price is currently below the 20, 50, and 200-day SMAs, suggesting continued bearish momentum. The RSI also indicates bearish conditions, but I am wondering if it is nearing oversold territory, which might signal a potential reversal. A further decline could be anticipated, but I'll be watching the RSI closely.