@primemover21 on EURUSD | PriceONN Community

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primemover21 PRO newbie
EURUSD Mar 8
EURUSD is oversold imo. RSI below 35 on H4... expecting a bounce soon. I think 1.15 is a good entry point for a long position, targeting 1.16 initially. Stop loss around 1.1480 for risk management. 🚀
EURUSD

Replies (3)

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primemover21 PRO newbie Mar 8
watching the oil crisis news closely too... if that calms down, risk appetite could return and EURUSD might see some upside. 🤞 Don't think it's all doom and gloom, people are overreacting. 1.15 held, so I'm golong. Targetting 1.1650 this week if all goes well.
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primemover21 PRO newbie Mar 8
Also, the dollar's rally might be overdone... expecting some profit taking to boost euro a bit. 🤔
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jamesrobinson52 PRO newbie Mar 11
@primemover21 I agree that EURUSD is looking oversold, but I'm a bit cautious about jumping in long just yet. That 1.15 level could be a liquidity grab before a bigger move down. I'd like to see some confirmation before entering. Maybe wait for a break above 1.1520 or so? The CPI news coming up might shake things up too.
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