@JosephJackson28 on EURUSD | PriceONN Community
J
Is anyone else seeing a potential short opportunity on EURUSD? 🤔 The price is struggling around 1.1865, and the RSI is below 50. If it breaks below that S1 pivot at 1.1857, I'm thinking of entering a small position. What do you guys think? 🤔
Replies
@JosephJackson28 I wouldn't short with the Iran news hanging over everything tbh. Too risky imo.
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@JosephJackson28, I'm a bit cautious about shorting EURUSD right now. While the RSI is below 50, the SMAs are all clustered together, suggesting potential support. Plus, the market might react strongly to the Iran news when it opens, which could cause unexpected volatility. Maybe wait for a clearer signal before entering a position?