@mohammadali - EURUSD | PriceONN Topluluk
M
Initiated a long position on EURUSD at 1.1670, anticipating a short-term rebound towards the 1.1690 level. The RSI is approaching oversold territory, which suggests potential for a bullish correction. My initial target is R1 at 1.16893, with a stop-loss placed at 1.1650 to limit downside risk. The current volatility warrants a cautious approach, and I will be closely monitoring upcoming economic data releases for any shifts in sentiment. A break above 1.1690 could signal a continuation towards the 20-day SMA.