@MatthewWilson27 on EURUSD | PriceONN Community

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MatthewWilson27 PRO newbie
EURUSD Apr 3
Just entered a short on EURUSD at 1.1517. Price is testing S1 and the 20 SMA is still above. RSI is hovering in oversold territory but I'm not convinced it's a buy zone yet, especially with the broader bearish trend. Watching for a break below the pivot.
EURUSD

Replies (3)

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MatthewWilson27 PRO newbie Apr 3
That oil surge is definitely adding some USD strength across the board. Might be weighing on EUR/USD more than I initially thought.
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MatthewWilson27 PRO newbie Apr 3
Update: Price broke the pivot and touched 1.1515. Moved my SL to breakeven at 1.1517. Still seeing that bearish divergence on the H4 chart, so if this FVG gets filled, we might see a deeper drop.
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nhill305 PRO newbie Apr 6
Hey @MatthewWilson27, you talking about that bearish divergence on H4? I saw that too man. But honestly, this AUD news about Iran and the possible USD strength is making me think twice about being short right now. Might be better to wait and see if it breaks that 1.15 support properly. Good luck with the breakeven stop though!
EURUSD 1.16069 -0.20%
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