EURUSD looking bullish, but RSI is screaming overbought. Time for a cheeky pullback maybe? I'm thinking the bears might try to push it down to 1.1800 before the bulls charge again. Just my two cents, folks.
Update: Okay, so EURUSD didn't listen to my brilliant analysis (surprise!). Still climbing. Maybe it's just ignoring the RSI like I ignore my gym membership. Seriously though, I'm watching the 1.1850 level now. If it breaks that, we're probably heading higher. If it bounces, I might consider a small short position, but with a VERY tight stop loss. Gotta protect the capital, you know? Anyone else got any thoughts on this madness?