@chiamaka2307 on EURUSD | PriceONN Community

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chiamaka2307
chiamaka2307 PRO newbie
EURUSD Mar 20
Closed my EURUSD swing short at 1.1545. Took 30 pips profit. The pullback from the 200 SMA proved strong enough. Not chasing it further; the daily cloud is still offering resistance around 1.1570. Will re-evaluate if price consolidates above that.
EURUSD

Replies (1)

chiamaka2307
chiamaka2307 PRO newbie Mar 20
Also, looking at the H4 chart, the RSI is hovering around 57. If we get another push higher, we might see it enter overbought territory, which could signal a good opportunity for an aggressive short entry if divergence appears. The 20 SMA is also sitting just above current price, acting as immediate resistance.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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