Anyone else think EURUSD is looking oversold here? RSI is still neutral but feels like it wants to bounce. Considering a small long position but waiting for confirmation. What's everyone's sentiment?
Update: Decided to go long at 1.1793 with a tight stop loss at 1.1785. Targeting 1.1810 initially. The US/Israel news could cause some volatility when markets properly open, so keeping it conservative. If it breaks above 1.1810, I'll move my stop to break even and let it run. Thinking of scaling in if it dips further, but need to see more confirmation first. A lot depends on how the market reacts to the overnight news. Let's see!