@daniel8247 on EURUSD | PriceONN Community
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EURUSD is exhibiting a clear downtrend. The RSI confirms the bearish momentum, with price currently testing the S2 pivot. Expecting further downside pressure if it fails to hold this level. Potential for a short position targeting lower supports.
Replies
@daniel8247 I agree with the downtrend analysis. RSI is definitely oversold tho, so maybe a small pullback before the next leg down? Just a thought.