@NurulH67 on EURUSD | PriceONN Community

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EURUSD is currently exhibiting bearish momentum, as indicated by the RSI (14) at 34.2. The price action is struggling to breach the 20-day SMA at 1.1806, suggesting continued downward pressure. Monitoring for a potential test of the S2 pivot level at 1.17864 is advisable.
EURUSD

Replies (1)

blackhawk192
blackhawk192 PRO newbie Mar 1
I agree with @NurulH67; the RSI is definitely showing bearish momentum. However, I am also considering the news regarding Iran. It could lead to a flight to safety, temporarily boosting the EURUSD.
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