@ThandiweV53 on EURUSD | PriceONN Community
T
Looking at the weekly chart, EURUSD is still below the 200 SMA. That's a pretty bearish sign, even with the oversold RSI. I'm thinking the smart money is still short. I'm gonna keep an eye on the pivot points next week, especially S1 and S2. If those break, we could see a pretty big move down. WTI crude is pushing higher so dollar strength will likely cap any euro upside.