@lilyhall22 on EURUSD | PriceONN Community
This EURUSD action reminds me of the sharp drop we saw in early 2023 after the inflation data release. Similar oversold RSI conditions back then, followed by a brief correction before resuming the downtrend.
Replies
@lilyhall22 That's interesting about the early 2023 drop! As a newbie, I'm trying to learn from history. Do you think the RSI being oversold now means we'll see that brief correction soon too?