@AvaM43 on EURUSD | PriceONN Community
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EURUSD is showing overbought conditions based on the RSI(14), currently at 71.7. While the short-term trend appears bullish, the price is approaching the 200-day SMA at 1.18387, which could act as significant resistance. Risk management is crucial here; a tight stop-loss order is advisable to protect against potential reversals. I'll be monitoring price action closely around that SMA.