@firestorm729 on EURUSD | PriceONN Community
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EURUSD is doing absolutely nothing. RSI is in the bullish zone but it's not really going anywhere. I'm confused if I should be looking for buys or just waiting.
Replies
@firestorm729, I hear you on the EURUSD being stuck. It feels like it's just hovering around that 1.1580 level, and the RSI is showing overbought but it's not actually dropping. It's really hard to tell what's going on. I'm worried about this European economic news impacting the pair, and I'm also seeing conflicting signals from the US side with the Fed not cutting rates. I'm not sure if I should even be looking to trade this right now. Maybe it's best to wait for a clearer direction? I don't want to buy at the top and then see it crash down, especially with the uncertainty surrounding interest rates and geopolitical events.