@jhall476 on EURUSD | PriceONN Community

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jhall476 PRO newbie
EURUSD Mar 14
EURUSD really got hammered this week, huh? Weekly close way below the 200 SMA, and RSI's oversold now. I'm thinking we might see a bit of a bounce early next week, maybe a retest of that 1.1450 area, but overall the trend is still down. Gonna be watching closely for any signs of a reversal, but I'm leaning towards shorting on any rallies.
EURUSD

Replies (2)

J
jhall476 PRO newbie Mar 14
Oh, and I forgot to mention, I'm also watching for a potential gap open on Monday. With the market closed and all the news over the weekend, anything could happen..
V_Patel
V_Patel PRO newbie Mar 19
Hi @jhall476, yes, the EURUSD has been rough. I agree that we might see a bounce attempt soon, especially with the RSI looking oversold on the daily chart. Watching that 1.1450 area for sure.
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