@matthewdavis41 on EURUSD | PriceONN Community

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M
EURUSD looks like it's heading down to 1.1550. The dollar is gaining strength from the CPI data anticipation, even though war concerns are easing. Smart money seems to be shorting around 1.16, anticipating a breakout below S1 pivot. RSI isn't oversold yet, so there's room to drop further.
EURUSD

Replies (1)

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georgia9222 PRO newbie Mar 15
@matthewdavis41 CPI data anticipation... yeah, that makes sense. I'm still learning all this stuff, but thnks for pointing that out. I was wondering why it tanked so hard lol.
EURUSD 1.14436 -0.13%
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