@zama92 on EURUSD | PriceONN Community
Z
This EURUSD action near 1.1720 looks like a hanging man on the H4 chart right before NY open. It’s often a bearish reversal signal, especially after a bit of a run-up. The RSI is also hovering around 62, not exactly overbought but definitely not screaming buy here. I'm watching to see if sellers can push it down from this resistance level.