EURUSD looking bearish tonight, folks! I think it's gonna keep dropping. The RSI is below 40, and it's below the 20 SMA. I'm expecting it to test 1.1550 soon...or maybe even lower, haha. Don't take my word for it, I'm just winging it here, lol.
Update: I just checked the D1 chart, and EURUSD is still below the 200 SMA. That's not a good sign, is it? Looks like the bears are in control. I'm thinking of opening a small short position around 1.1595, but I'm still a bit scared, lol. What do you guys think? Should I wait for a better entry point, or just go for it? I'm so indecisive sometimes!
