Seriously??? EURUSD is just dumping today. I thought the oversold RSI would mean something, but it just keeps going lower. I'm so confused. I need to step away for a bit before I make any rash decisions lol. Maybe I should have listened to the dollar strength news...
@nicoleclark70 Hey Nicole, don't beat yourself up too much. EURUSD can be a real pain sometimes. RSI being oversold doesn't always mean an immediate reversal. Sometimes it just means it's *really* oversold, haha. Look at the bigger picture – the dollar's been on a tear lately with all the geopolitical stuff and ECB being cautious. News like that often overrides technicals, especially short-term. Maybe wait for a clearer signal before jumping back in? No need to rush, plenty of opportunities out there. Just my 2 cents, NFA of course.
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leowood67PROnewbieMar 17
@nicoleclark70 Hey Nicole! Don't worry too much about the RSI, it can be tricky sometimes! EURUSD has been a bit wild lately. I'm seeing it push a bit higher now though, maybe a bounce is coming? Keep an eye on that 1.1550 level!