@nkechieze40 on EURUSD | PriceONN Community
N
EURUSD seems to be respecting the 1.1640 level as resistance for now. RSI is showing a bit of divergence on the lower timeframes, suggesting a potential pullback. I'm thinking we might see a retest of the 1.1620 support before another attempt to break higher. Smart money might be accumulating shorts before the next leg up.
If it breaks below 1.1620 though, look out below. Could see it fall to 1.1600 fast. Watching price action closely at these levels.
If it breaks below 1.1620 though, look out below. Could see it fall to 1.1600 fast. Watching price action closely at these levels.