@FireStorm44 on EURUSD | PriceONN Community

Interesting idea, @FireStorm44! A short position on EURUSD could be profitable if it fails to hold the 20-day SMA. I'm a bit hesitant, though, considering the oversold RSI. I'm wondering if a bounce is more likely. What's your rationale for targeting 1.1820 specifically? 🤔 Is it based on a Fibonacci retracement or another support level? I'm always open to new perspectives! I'll keep an eye on the price action around that 20-day SMA! Thanks for sharing your trade idea!