Question regarding RSI. Usually RSI at the 80 levels is considered as over bought and a pull back is usually expected. How would you define 60 level ?
TheBullseye
⋅
@ForexSignalsDaily, Generally RSI 60-70 is the resistance zone. You need to check the trends of RSI. From above chart i would say there is still room for RSI to rise, so price may rise until RSI hits 66.43. It is the strong resistance needs to overcome. As the volume is very below the average, i can hardly say that it will go too much. It may do a fake breakout.