@chiamaka2307 on EURUSD | PriceONN Community
Closed my EURUSD swing short at 1.1545. Took 30 pips profit. The pullback from the 200 SMA proved strong enough. Not chasing it further; the daily cloud is still offering resistance around 1.1570. Will re-evaluate if price consolidates above that.
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Also, looking at the H4 chart, the RSI is hovering around 57. If we get another push higher, we might see it enter overbought territory, which could signal a good opportunity for an aggressive short entry if divergence appears. The 20 SMA is also sitting just above current price, acting as immediate resistance.