@AishwaryaIyer on EURUSD | PriceONN Community
A
I am finding it quite challenging to reconcile the signals from various indicators on EURUSD today. The RSI is showing a bullish divergence around 61, suggesting upward momentum, yet the price seems to be struggling to break decisively above the 200-day SMA. The Fed news also adds a layer of uncertainty regarding future rate cuts, which could impact the pair's trajectory. It's a bit of a mixed bag, and I'm hesitant to commit to a strong directional bias at this moment.