EURUSD looking pretty weak today. RSI below 40 usually means more downside, right? I'm seeing the 20 SMA acting as resistance. Might be a good short opportunity if it holds. Just gotta be careful with the volatility.
Update: Okay, so I looked at the hourly chart (H1), and it seems like EURUSD is consolidating a bit. Maybe it's just a temporary pullback before another leg down? The pivot points show support around 1.17664, so I'm watching that level closely. If it breaks that, I think we could see it go lower, maybe test 1.17631. I'm still learning how to read these charts properly, but that's my anlaız for now. Any advice is appreciated!