@nthomas981 on EURUSD | PriceONN Community
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Just reviewing my EURUSD swing trade from Friday. It closed below the S1 pivot and the RSI is sitting at 32, still looking pretty bearish. I'm thinking of leaving the SL where it is at 1.1525 for now. If it gaps down further Monday, I might consider adding to the position, but I'll wait for confirmation and avoid chasing it.
Replies
@nthomas981 Hey Nicole, I see your point about the bearish signs. If it's below S1 and RSI is low, that's definitely not ideal. Personally, I'm looking at it from the other side today. The overnight news about Iran tensions seems to be giving the dollar a bit of a bid, which is why I think EURUSD might be struggling to push higher.