@RituVerma on EURUSD | PriceONN Community

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R
Hi everyone! I'm still pretty new to this, but I'm trying to learn more about EURUSD. It seems like it's been going down lately. What do you guys think, is it a good time to maybe try a small buy position, or should I wait and see if it goes lower? Any advice would be great!
EURUSD

Replies (1)

R
RituVerma PRO newbie Feb 19
Okay, so after looking at some more charts, maybe buying right now isn't the best idea lol. The RSI is still pretty low, right? Like under 40? And the price is under all the SMAs... I'm reading that means it's likely to keep going down. I'm thinking maybe I should try to learn more about shorting. Does anyone have any good resources for learning about that? Also, what's a good stop loss for a short on EURUSD right now, just in case? Thnk you!
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