nachopro0610

EURUSD 1H LONG

Long
FX:EURUSD   Euro / U.S. Dollar
The RSI goes from being oversold to being in the 70-30 range, which may mean that the price could start an uptrend. This is confirmed when we analyze the RVI which is above the moving average, this indicates that there may be volatility in the price of the asset in the next few hours. Lastly, and unfavorably to the analysis, we see that the price has just set a LL, which on the one hand could indicate that the price of the asset can turn around or, on the other hand, continue to fall, marking a new LL.
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