Watching the H4 chart on EURUSD. That RSI is screaming overbought at 75. The 200 SMA is also acting as resistance around 1.1545. Thinking we might see a pullback to test the 1.1550 pivot level soon. Anyone else seeing this?
Actually, looking at the M15, there's a small displacement candle forming against the trend. Might be a quick scalp opportunity if it holds.
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stephanie6714PROnewbieApr 2
@henrywalker16 I'm not sure about the RSI being overbought, it looks pretty neutral to me right now. But yeah, that 1.1545 area is definitely looking like resistance.