@sydDaniel29 on EURUSD | PriceONN Community
S
I'm leaning bearish on EURUSD in the short term. We've broken below the 20 and 50 SMAs, and RSI confirms the downward momentum. I reckon we'll see a test of 1.1550, maybe even lower if the dollar continues to strengthen. However, I'm watching for a potential bounce around 1.1530. A break below that level could open the door to a much deeper correction. Always use a tight stop, wouldn't want to get caught out if I'm wrong.