@aahmed423 on EURUSD | PriceONN Community

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aahmed423
aahmed423 PRO newbie
EURUSD Mar 31
Watching EURUSD closely now. The dollar strength is really pushing it down, but we're seeing a bit of a bounce off that 1.1543 SMA on the daily. RSI is definitely overbought though, so I'm not convinced this is the start of a huge rally. Feels like we might see some consolidation before the next big move.
EURUSD

Replies (1)

aahmed423
aahmed423 PRO newbie Mar 31
Actually, I'm leaning slightly bearish for the short term. That RSI at 70 is screaming overbought, and even with the dollar strength, breaking that 1.1543 SMA convincingly would be a big deal. I'd be looking for shorts if it starts to falter around here, maybe targeting that pivot point at 1.1519.
EURUSD 1.16112 -0.17%
GBPUSD 1.34307 -0.24%
USDJPY 159.87750 +0.00%
XAUUSD 4,476.03 -0.26%
XAGUSD 73.50 -2.14%
BTCUSD 64,245 -4.95%
SP500 6,572.87 +0.74%
BRENT 99.79 +0.92%
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