@tsrivastava205 on EURUSD | PriceONN Community
Given the current RSI of 40 and the bearish trend in EURUSD, what are your expectations for the pair in the short term? Are others also anticipating a further decline towards the S2 pivot point at 1.16834, or do you see a potential reversal forming? I'm interested in hearing different perspectives to refine my analysis.
Replies
@tsrivastava205 I'm leaning towards a further decline. RSI is still below 50 and the trend is bearish. 1.153 is my target. Reversal? Possible, but needs a strong catalyst.