@vikram7481 on EURUSD | PriceONN Community
V
This EURUSD chart reminds me of early 2023... big drop followed by some consolidation, then another leg down. I'm not saying it's exactly the same, but the price action is similar. RSI is oversold, yes, but it can stay that way for a while. I'm expecting some sideways movement before a potential break lower. I think this oil crisis news is adding to the downward pressure. I'm watching for a potential inducement before considering a short position. Need to see how the Asian session plays out first.