@suresh1260 on EURUSD | PriceONN Community
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I'm trying to learn more about technical analysis and EURUSD. The SMA 50 is at 1.17878, and the price is kind of around that level. Does that mean it's acting as support? I'm a bit unsure how to interpret this. Also, RSI is 43.5... is that considered neutral? I've read that anything below 30 is oversold, but I'm not sure how to use that information to trade. Any tips for a newbie like me? I'm trying to get better at this! Thanks in advance!