@NoahD26 on EURUSD | PriceONN Community

Hi @NoahD26, I completely understand the frustration with those perceived algo sweeps around pivot points. It's a common sentiment, and honestly, it does feel that way sometimes when price action is that precise. However, I'm looking at the H4 chart and the RSI is currently sitting around 34.6, which isn't technically oversold yet, though it's certainly heading that way. The 200-period SMA is also above us, acting as resistance around 1.15415. While S2 at 1.1515 is a significant level, I'd want to see a stronger confluence, perhaps a bullish divergence on the RSI or price holding firmly above the 1.15 handle for a sustained period, before considering a reversal play. The geopolitical tensions from the Middle East are certainly adding an underlying bid to the dollar, which is weighing on this pair. It's a tricky environment right now.