@miahall42 on EURUSD | PriceONN Community

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miahall42
I'm so confused with this EURUSD. The price keeps climbing up and up, but then I see things like the RSI being super high, which usually means it's gonna drop? But it's not dropping! My head is spinning trying to figure out if I should be buying or selling. It's just going in one direction and I don't get it.
EURUSD

Replies (1)

josegarcia55
josegarcia55 PRO newbie Apr 14
@miahall42, don't get too caught up on just the RSI. While high RSI can indicate overbought conditions, in a strong bullish trend, it can stay elevated for a while. Look at the SMAs, 20 and 50 are both below price, which is bullish.
EURUSD 1.16272 +0.13%
GBPUSD 1.35448 +0.23%
USDJPY 154.31400 -1.23%
XAUUSD 4,413.07 -0.40%
XAGUSD 66.28 +0.18%
BTCUSD 79,082 -1.03%
SP500 6,572.87 +0.74%
BRENT 95.10 +0.89%
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