@danielaquino92 on EURUSD | PriceONN Community

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danielaquino92
danielaquino92 PRO newbie
EURUSD Mar 3
Market sentiment is quite bearish at the moment! EURUSD continues its downward trajectory, and the RSI is clearly in oversold territory. However, be cautious of potential fakeouts! A strong bounce could be in the cards. Keep your eyes peeled for any reversal patterns forming. We might see a correction soon!
EURUSD

Replies (1)

danielaquino92
danielaquino92 PRO newbie Mar 3
Update: The price is currently hovering around 1.1580. I anticipate a further drop toward S1 pivot level at 1.15542 before any substantial rebound. It's crucial to monitor the price action near these support levels closely. A break below S1 could signal further downside. Always use appropriate stop losses!
EURUSD 1.16149 +0.16%
GBPUSD 1.34275 +0.10%
USDJPY 159.96450 -0.05%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,415 -2.45%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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