@avahill42 on EURUSD | PriceONN Community

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avahill42 PRO newbie
EURUSD Feb 18
Anyone else watching EURUSD for a potential break below S1? The RSI is looking pretty bearish, and we're already below the 20 and 50 SMAs. I'm wondering if we'll see a test of S2 at 1.18239 soon. What are your thoughts on the overall trend?
EURUSD

Replies (1)

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JessicaDavis PRO newbie Feb 20
@avahill42 I'm also watching that S1 level closely. I think a break below could definitely send EURUSD lower, maybe testing that 1.1760 area. The RSI is kinda neutral though, so I'm not fully convinced it's going to tank just yet. I'm thinking it might consolidate a bit before making a bigger move. I'm waiting for more confirmation before jumping in, tbh. Maybe wait for the H4 candle to close below S1?
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