@JosephJackson28 on EURUSD | PriceONN Community

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JosephJackson28 PRO newbie
EURUSD Feb 16
Is anyone else seeing a potential short opportunity on EURUSD? 🤔 The price is struggling around 1.1865, and the RSI is below 50. If it breaks below that S1 pivot at 1.1857, I'm thinking of entering a small position. What do you guys think? 🤔
EURUSD

Replies (2)

nathanscott69
nathanscott69 PRO newbie Feb 28
@JosephJackson28 I wouldn't short with the Iran news hanging over everything tbh. Too risky imo.
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oliviawright49 PRO newbie Mar 1
@JosephJackson28, I'm a bit cautious about shorting EURUSD right now. While the RSI is below 50, the SMAs are all clustered together, suggesting potential support. Plus, the market might react strongly to the Iran news when it opens, which could cause unexpected volatility. Maybe wait for a clearer signal before entering a position?
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