@hassan8504 on EURUSD | PriceONN Community

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H
EURUSD is currently showing a bearish trend. The price is below the 20, 50, and 200 SMAs, indicating sustained downward pressure. RSI is in oversold territory, which could signal a potential short-term bounce, but I believe the overall trend will continue downwards. Looking for opportunities to short on any retracements towards the 1.1780 level.
EURUSD

Replies (1)

H
hassan8504 PRO newbie Feb 19
Update: I'm watching for a potential retest of the 1.1770 level before considering an entry. Also, keeping an eye on the news releases for any potential catalysts that could affect the pair.
EURUSD 1.16206 -0.09%
GBPUSD 1.34363 -0.20%
USDJPY 159.88150 +0.00%
XAUUSD 4,466.58 -0.47%
XAGUSD 73.36 -2.32%
BTCUSD 62,987 -6.81%
SP500 6,572.87 +0.74%
BRENT 99.32 +0.44%
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