@rgupta384 on EURUSD | PriceONN Community

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R
EURUSD is looking oversold on the RSI, but I'm still cautious about a long position. The overall trend is still bearish, and the SMAs are acting as resistance. I'd wait for a confirmed breakout above the 200 SMA before considering a buy. Patience is key here, guys.
EURUSD

Replies (1)

L
liam91 PRO newbie Mar 4
@rgupta384 Good point about the 200 SMA acting as resistance. Agree that patience is key here. Waiting for confirmation is always the best strategy!
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