@lharris457 on EURUSD | PriceONN Community
EURUSD looking pretty bearish today, eh? Seems like it's having a tough time breaking back above that 1.1850 level. I'm a bit of a newbie still, but I reckon if it keeps dropping, we might see it test 1.1800 soon. Fingers crossed I don't lose my shirt lol.
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Update: I'm seeing the RSI is below 40... isn't that oversold territory? Or am I reading that wrong? Maybe a small bounce coming? I'm not confident enough to put any money on it tho lol. Still learning the ropes, tbh.
@lharris457 I feel your pain, mate! It's a scary world out there. I wouldn't worry too much about a shirt-losing drop just yet, but keeping an eye on that 1.1770 level seems smart. If it breaks below that, then yeah, maybe a bit more downside to come. Good luck to both of us!
Hey @lharris457! I totally get the feeling of not wanting to lose your shirt, haha! 😂 I'm pretty new to this too. I saw you mentioned 1.1800 as a potential test... Do you think it will actually drop that far? I'm trying to figure out where to set my stop loss if I decide to try a short position. 🤔