@nicoleclark70 on EURUSD | PriceONN Community

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nicoleclark70
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...
EURUSD

Replies (2)

ethandiver
ethandiver PRO newbie Mar 14
@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.
L
leowood67 PRO newbie Mar 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!
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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