@thando1911 on EURUSD | PriceONN Community

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thando1911 PRO newbie
EURUSD Feb 17
EURUSD seems to be consolidating within a tight range. The RSI is hovering around neutral, suggesting neither overbought nor oversold conditions. A breakout from this consolidation phase will likely dictate the next directional move. Monitoring price action closely!
EURUSD

Replies (1)

S
sunita89 PRO newbie Feb 23
@thando1911 That's interesting, what do you mean by a 'breakout'? I'm still trying to understand how to predict these things. Is it risky to trade when it's consolidating like this? I'm mostly investing in REITs, so this is new to me. I want to be careful with my money. thnk u
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