@jack3799 on EURUSD | PriceONN Community

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jack3799 PRO newbie
EURUSD Feb 23
It appears EURUSD is showing a slight bullish bias at the moment. However, with the RSI nearing overbought territory, a pullback could be on the cards. I'll be monitoring price action closely for any signs of reversal before considering a short position. Need to be careful.
EURUSD

Replies (1)

ArchieClarke
ArchieClarke PRO newbie Mar 7
@jack3799 A pullback could be on the cards, you say? hmm I'm not so sure. RSI is near 55, not too high. I'm still learning about RSI tbh. But I think it might push up a bit more before any major drop. I'm thinking of putting a small long position on Monday morning, but will keep a tight SL just in case. What SL would you recommend?
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