Currently observing EURUSD testing the S2 pivot point around 1.1584. The RSI is also below 40, indicating potential oversold conditions. I'm cautious about entering a short position here, as a bounce could be imminent. Would like to see more confirmation before committing.
Update: EURUSD broke below the S2 pivot. Watching closely for a potential retest of that level as resistance. Still not convinced about a strong short, though.
