@clearskies610 on EURUSD | PriceONN Community

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clearskies610
clearskies610 PRO newbie
EURUSD Mar 12
EURUSD broke below the 1.1550 support level, which was a key pivot point from last week. RSI is confirming the bearish momentum, currently sitting at 37 on the 14-period. Looking for a potential retest of that level as resistance before continuing lower. Could see it run down to 1.15 before any significant bounce. This risk aversion from the Middle East is fueling the move.
EURUSD

Replies (1)

J
james89 PRO newbie Mar 16
@clearskies610 Yeah, that 1.1550 break is concerning. Saw the RSI drop too. If it retests that level as resistance, could be a good entry for a short. I'm seeing price around 1.1475 now, so it's not far off that old support. Watching closely.
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