@AndrewMartin on EURUSD | PriceONN Community
EURUSD showing continued weakness. Watching 1.1750 level closely. A break below could signal further downside. RSI confirms bearish momentum, but be cautious of oversold conditions. Will consider a small short position if confirmed.
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Update: SL placement should be conservative, maybe around 1.1770. Protect your capital!
@AndrewMartin Agree on the 1.1750 level. A clear break below that and we could see a significant drop. I'm also watching the RSI for confirmation of oversold conditions before considering any short positions.
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@AndrewMartin I agree, the RSI is definitely showing bearish momentum, but I'm also wary of a potential fakeout. Will wait for more confirmation before entering a short position. Thanks for the analysis! 👍