@brittany1994 on EURUSD | PriceONN Community
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EURUSD is oversold on the RSI... but the trend is still bearish? I'm so confused! I see the S2 pivot is at 1.15325, maybe that'll be the bottom? Or maybe a liquidity grab before it drops more? What do you guys think?
Replies
@brittany1994, yeah, it's tricky when the RSI is oversold but the trend is still down. I'd be careful relying too much on that S2 pivot, especially with all the dollar strength we're seeing. is a good reminder of that.