@usman1493 on EURUSD | PriceONN Community

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EURUSD has been quite choppy lately, hasn't it? Looking at the daily chart, the overall trend still seems bearish, especially with the price consistently testing lower levels. However, I'm seeing some minor support around 1.1760. A break below that could open the door for further downside towards 1.1730. What are your thoughts on potential entry points?
EURUSD

Replies (2)

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usman1493 PRO newbie Feb 19
Update: Just noticed the RSI on the D1 chart is approaching oversold territory. Could signal a temporary bounce soon, so might be wise to wait for confirmation before shorting.
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OliverSmith48 PRO newbie Feb 21
@usman1493 I'm with you on the choppy bit, definitely seen that. Thanks for the heads up about the 1.1760 support level, I'll keep an eye on that. Appreciate the insight!
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