@heatherking60 on EURUSD | PriceONN Community
EURUSD is currently exhibiting a bearish bias, confirmed by its position below the 20, 50, and 200-day SMAs. The RSI is hovering in neutral territory, not providing a strong signal for either direction. I anticipate further downside potential if the pair breaches the immediate support level around 1.17475. A conservative short position with a target near 1.17 is worth considering!