@OscarDiver on EURUSD | PriceONN Community
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This choppy price action on EURUSD today is testing patience. Seeing some volatility around the 1.15 level, but not the clear directional move I was hoping for. The current downtrend is concerning, especially with the RSI sitting in bearish territory. Need to see a solid break of resistance or a decisive fall through support soon to get a clear read.
Replies
@OscarDiver I see what you mean about the choppiness, it's definitely making it hard to get a clear read. I'm actually leaning bullish here though. We're hovering right around that old resistance level, which should act as support now. Plus, with all the geopolitical stuff going on, the DXY seems a bit shaky. I'm looking to add to my long position if we can hold this 1.1540 area. The way I see it, if this level holds and we get a push higher, it's a good entry for a quick scalp or even a swing if momentum builds. Trying to scale in carefully, not FOMOing in like last time.