@ayeshaali on EURUSD | PriceONN Community
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EURUSD's RSI on the 14-day is currently indicating oversold conditions, sitting at 26.7. This suggests potential for a short-term bounce. However, given the prevailing bearish trend and the price action remaining below the 20, 50, and 200 SMAs, any upward movement may face strong resistance. Further confirmation is needed before considering a long position.