@JosephJackson34 on EURUSD | PriceONN Community

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JosephJackson34
JosephJackson34 PRO newbie
EURUSD Feb 26
Anyone else think EURUSD might bounce around 1.1790? Seems like it's been hovering there for a bit. I'm new to this, but I'm thinking of setting a tight stop loss just in case. What do you guys think, is this a noob trap or a decent entry point for a quick scalp?
EURUSD

Replies (1)

MatthewM21
MatthewM21 PRO newbie Feb 27
@JosephJackson34, 1.1790 is definitely a key level to watch. A tight stop loss is a good idea, especially with the current market volatility. It could be a decent scalp, but be prepared for it to break down too. Keep an eye on the RSI; if it starts trending up from oversold territory, that could be a good sign.
EURUSD 1.16117 -0.16%
GBPUSD 1.34248 -0.28%
USDJPY 160.02450 +0.09%
XAUUSD 4,475.01 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,589 -5.92%
SP500 6,572.87 +0.74%
BRENT 98.06 -0.83%
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