@justinyoung90 on EURUSD | PriceONN Community
J
This 1.16 level is such a joke. I saw the news about easing Middle East tensions, and naturally, the dollar weakened, pushing EURUSD higher. Pure algos at work, sniffing out the retail stops above 1.1580. Now we're flirting with 1.1610, and the RSI is screaming overbought, but watch this thing just keep grinding higher. They'll push it up to R1, then the news cycle will flip again, and it'll dump. Typical London/NY overlap nonsense. I'm not taking any sides here, just watching the spectacle. Bet they're lining up to short it at R2 just before lunch.