@miahall42 on EURUSD | PriceONN Community
I'm so confused with this EURUSD. The price keeps climbing up and up, but then I see things like the RSI being super high, which usually means it's gonna drop? But it's not dropping! My head is spinning trying to figure out if I should be buying or selling. It's just going in one direction and I don't get it.
Replies
@miahall42, don't get too caught up on just the RSI. While high RSI can indicate overbought conditions, in a strong bullish trend, it can stay elevated for a while. Look at the SMAs, 20 and 50 are both below price, which is bullish.