I'm noticing a potential double bottom forming around 1.3330 on the 1-hour chart. If price can hold this level and we see some bullish divergence on the RSI, it could signal a move back towards the 1.3400 level. Watching closely for confirmation!
@heatherking60 I see what you mean with the double bottom, but honestly, I'm not convinced. That RSI is hovering around 62, which isn't exactly oversold, and we're pushing up against the 200 SMA and R1 pivot. Feels like a potential trap to me before a move lower.
