EURUSD is definitely oversold according to RSI! I think we might see a short-term bounce soon, but the overall trend still looks bearish. Might be a good opportunity for a quick scalp if it retraces a bit. I'm watching closely!
I agree with @nandini4066 that EURUSD might see a short-term bounce. However, I'm cautious about labeling it as oversold solely based on RSI. We need to consider the broader fundamental picture and the potential for further downside pressure. A quick scalp might be viable, but risk management is crucial. I'd be looking for confirmation from other indicators, such as a bullish divergence or a break above a key resistance level, before entering any long positions.