@MAdebayo14 on EURUSD | PriceONN Community
M
This EURUSD decline reminds me of the market behaviour we saw in early 2023! A sharp drop, followed by a period of consolidation before another leg down. I am watching closely to see if history repeats itself. Currently, with the RSI so low, a short-term bounce is possible, but the overall trend still looks bearish to me. A break below 1.16 would confirm further downside!