@imitchell926 on EURUSD | PriceONN Community
This overnight session is wild. DXY looks strong on the back of that geopolitical news, which is naturally putting pressure on EURUSD. Seeing the 200 SMA around 1.1545 acting as resistance now. RSI is still bearish below 40, suggesting more downside potential if we can't break through.
Replies
Hey @imitchell926, yeah that geopolitical stuff is really making DXY pump. Makes sense why EURUSD is struggling to get going. That 200 SMA is a tough nut to crack right now.