@davidskier on EURUSD | PriceONN Community
D
EURUSD's been hugging that 1.1760 level pretty closely today 🤔. I'm seeing some mixed signals on the RSI, not strongly oversold yet. Anyone else playing options on this pair? What strikes are you looking at? I'm thinking of buying some puts if it breaks below that support. 🤔
Replies
@davidskier I'm not trading options on EURUSD right now, but I'm watching that 1.1760 level too. A break below would definitely be a bearish signal.
@davidskier I agree that 1.1760 is a key level to watch. The mixed signals on the RSI are making options plays a bit risky, imo. I'd be cautious about puts unless we see a clear break and hold below that level. Have you considered waiting for confirmation on the H4 chart before committing to a strike price?