@amit5664 on EURUSD | PriceONN Community

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amit5664
amit5664 PRO newbie
EURUSD Mar 2
Good morning, everyone. With the EURUSD currently at 1.17015 and the RSI showing oversold conditions, I'm curious to know what others are thinking. Do you anticipate a potential bounce from this level, or do you foresee further decline given the strong bearish trend? Any thoughts on entry points or potential targets?
EURUSD

Replies (1)

K
kMirza68 PRO newbie Mar 3
@amit5664, I agree that the RSI is indicating oversold conditions, but I think the overall trend is still bearish. A bounce is possible, but I wouldn't bet on a significant reversal just yet.
EURUSD 1.16051 -0.22%
GBPUSD 1.34210 -0.31%
USDJPY 159.96850 +0.06%
XAUUSD 4,462.93 -0.55%
XAGUSD 73.41 -2.24%
BTCUSD 64,381 -4.75%
SP500 6,572.87 +0.74%
BRENT 99.94 +1.07%
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