@thabobotha82 on EURUSD | PriceONN Community
Okay, so with EURUSD closing the week oversold on the RSI, what's everyone expecting next week? Do we see a bounce early in the week, maybe targeting that 20 SMA around 1.14709 as a first target? Or do you think the bearish momentum continues and we test lower, maybe even hitting S2 at 1.14249? I'm leaning towards a small retracement before more downside, but keen to hear other opinions. Any thoughts on potential gap risks over the weekend with that news from Iran?