@gamerOliver on EURUSD | PriceONN Community

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gamerOliver PRO newbie
EURUSD Mar 16
Watching EURUSD closely during this London/NY overlap. RSI is sitting at 65, but price action is struggling to push past 1.1500. The news from about the dollar rebound is definitely a factor. I've got a small long from 1.1485, just moved my SL to break-even at 1.1497. Gotta stay disciplined here, this session is always wild.
EURUSD

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gamerOliver PRO newbie Mar 16
Actually, I'm reconsidering the strength of this EURUSD move. While the RSI is above 60, we're seeing significant resistance at the 1.1500 psychological level, and the 200 SMA is still way up at 1.1567. The headlines from mentioning EUR/USD falling to a seven-and-a-half-month low and breaking key support around 1.1480 are concerning. If we can't break 1.1500 soon, I might have to cut this long and look for short opportunities closer to the 1.1520s, perhaps even targeting that 1.1460 pivot S2 level if momentum shifts decisively. This market feels heavy despite the current RSI reading.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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