@william_s12 on EURUSD | PriceONN Community

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william_s12
EURUSD looking bearish this morning 📉. The SMA20 has crossed below SMA50 on the H4 chart, signalling a potential downtrend. Expecting it to test 1.1580 soon. If it breaks that, we're heading towards 1.1550. Keep an eye on the RSI though, it's nearing oversold territory.
EURUSD

Replies (1)

william_s12
william_s12 PRO newbie Mar 6
Update: EURUSD broke below 1.1590 as expected! 🔥 Trailing stop activated. Now eyeing 1.1570 as the next target. RSI is still below 50, confirming the bearish trend. Waiting for a potential bounce near 1.1550 to take profit. Will update again later.
EURUSD 1.16408 +0.09%
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