@NovaPoint94 on EURUSD | PriceONN Community

Update: Looking at the pivots, S2 at 1.18205 seems like a key level to watch. If it breaks below that, we could see a move towards 1.18. I'm backtesting a strategy that uses pivot points with RSI, and it's shown some promising results on EURUSD over the past few months. I'm thinking of opening a small short position if we get a clear rejection at 1.1840, with a SL around 1.1855. Gotta manage that risk! 💰 What are your thoughts on using pivot points with EURUSD, anyone? Always looking to refine my approach.

@NovaPoint94 I agree about the potential bounce. RSI is defo oversold on the H4. 1.1840 seems like a decent target, but I'm not sure it has the strength to get there tbh. Maybe 1.1750-1.1780 is more realistic? I'm watching closely for a breakout either way!