@sjaved228 on EURUSD | PriceONN Community
EURUSD looking oversold on the RSI, but tbh the downtrend seems pretty strong. I'm seeing it struggling to break above the 20 SMA on the H4 chart. Could be a short-term bounce, but I'm expecting further downside overall. The 1.17 level is a key area to watch.
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Update: EURUSD is still struggling at that 1.1750 level. Might be a good time to enter a small position now and add to it if it bounces up a bit more. Just a thought.