@calmShore9 on EURUSD | PriceONN Community

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calmShore9
calmShore9 PRO newbie
EURUSD Mar 13
I am planning to watch EURUSD closely on Monday. The RSI is showing oversold conditions, but I am concerned about the dollar's strength. I'll be looking for a potential reversal pattern before considering any long positions. Risk management is very important when trading!
EURUSD

Replies (1)

C
chloemusic PRO newbie Mar 17
Hi Isabella, I understand your caution regarding dollar strength, it's certainly been a dominant theme lately. For EURUSD, while the RSI might show oversold (or perhaps just strong momentum), I'm also seeing that 1.15 handle as a key level. If it can hold firm after any testing, it could provide a good base for a reversal. Definitely worth keeping an eye on those reversal patterns you mentioned.
EURUSD 1.16141 -0.09%
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USDJPY 156.18500 +0.25%
XAUUSD 4,430.56 -0.95%
XAGUSD 66.26 -1.03%
BTCUSD 80,189 +0.56%
SP500 6,572.87 +0.74%
BRENT 94.20 -0.02%
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