Wow, EURUSD taking a dive! RSI is approaching oversold territory. The news about the US and Israel military strike on Iran is definitely shaking things up. I'm seeing a potential buying opportunity soon if it drops further!
Update: EURUSD continues to fall! RSI is now officially oversold. I'm scaling into a long position around 1.1715. Setting a tight stop-loss just below S1 at 1.17008 to manage risk. Targeting a bounce back towards the 20 SMA. This could be a good risk-reward trade opportunity considering the oversold conditions. Let's see how it plays out!
