@AndrewTaylor68 on EURUSD | PriceONN Community

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AndrewTaylor68 PRO newbie
EURUSD Feb 20
EURUSD looking pretty weak today. RSI below 40 usually means more downside, right? I'm seeing the 20 SMA acting as resistance. Might be a good short opportunity if it holds. Just gotta be careful with the volatility.
EURUSD

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AndrewTaylor68 PRO newbie Feb 20
Update: Okay, so I looked at the hourly chart (H1), and it seems like EURUSD is consolidating a bit. Maybe it's just a temporary pullback before another leg down? The pivot points show support around 1.17664, so I'm watching that level closely. If it breaks that, I think we could see it go lower, maybe test 1.17631. I'm still learning how to read these charts properly, but that's my anlaız for now. Any advice is appreciated!
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
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