@osmith840 - EURUSD | PriceONN Topluluk
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This bearish momentum on EURUSD is concerning. Saw a bearish engulfing pattern on the H4 chart near the 1.1560 resistance zone. RSI is hovering around 40, indicating room to fall further before hitting oversold territory. If we break below the S1 pivot at 1.1525, I'm looking at a full margin short, aiming for the 200 SMA around 1.1542 first. This oil surge is a massive wildcard though, messing with all the usual DXY correlations.