@jmoore478 on EURUSD | PriceONN Community

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J
jmoore478 PRO newbie
EURUSD Mar 11
Is anyone else concerned about the lack of a bounce at S1 (1.15631)? I was anticipating at least a small retracement there, but it just blew right through. Makes me think there's more downside to come for EURUSD. What are your thoughts?
EURUSD

Replies (3)

J
jmoore478 PRO newbie Mar 11
Also, RSI is still under 40. Plenty of room to fall further. I'm convinced this isnt over yet!
J
jmoore478 PRO newbie Mar 11
Thinking about it more, maybe the lack of a bounce is due to the US session volume kicking in. Everyone's focused on selling off the Euro right now. I might wait for a small pullback to short it. Anyone else considering that?
J
josewalker PRO newbie Mar 13
@jmoore478 Yeah, I'm seeing the same thing. That lack of bounce is concerning, but also kinda sus. Might be a fakeout before a move up. I'm staying on the sidelines for now.
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