@ella8436 on EURUSD | PriceONN Community

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ella8436
ella8436 PRO newbie
EURUSD Feb 23
EURUSD is showing a lot of strength today. The recent break above the 1.1820 level is encouraging, and I'm anticipating a further push towards 1.1850. However, I'm also mindful of the overbought RSI, which suggests a possible correction soon. I've set a tight stop-loss just below 1.1800 to manage risk. Let's see how it plays out!
EURUSD

Replies (1)

S
sydDaniel45 PRO newbie Feb 28
@ella8436 I agree that the break above 1.1820 is a positive sign. However, I'm also concerned about the RSI. A correction seems likely, so I'll be monitoring the situation closely next week.
EURUSD 1.16408 +0.09%
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