@StephanieAnderson on EURUSD | PriceONN Community
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Okay, so I've got a small long position here from about 1.1550, just watching it overnight. It's holding above the S1 pivot and the 200 SMA is also below price, which is good. RSI is sitting around 70 though, so definitely feeling a bit warm, might be a good spot for a pullback soon. I've moved my stop loss to breakeven around 1.1558, just to protect the capital. If we can push past the R1 pivot at 1.1572, I might consider adding a bit more, but for now, it's just about surviving the Asian session without getting stopped out or giving back any gains. Fingers crossed the DXY stays weak and we don't get any nasty surprises overnight. This whole peace talk thing is definitely making the dollar a bit shaky, which is helping my EURUSD bias for now. Just gotta be patient.