@FreyaCook on EURUSD | PriceONN Community
Anyone else getting flashbacks to early 2020 with EURUSD? Similar range-bound trading before the pandemic really hit. I remember thinking it was a safe haven then, but boy was I wrong! Could be nothing, but I'm watching closely for a catalyst to break this stalemate. Feels like we're due for a surprise.
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Update: Thinking about that 2020 comparison, the RSI is definitely showing bearish divergence right now, similar to what I recall back then. Will be keeping an eye on the 1.1750 level. If it breaks below that, I might consider a small put option to hedge my portfolio. Just an idea though, still doing my DD.