Well, well, well… look who’s pumped up like a gym bro on pre-workout. EUR/USD just went full send , and the RSI is screaming, “Somebody stop me!”
Here’s the thing: when the market runs this hot, it’s usually not long before reality hits harder than a margin call on NFP day.
RSI? Overbought.
Momentum? Euphoric.
Smart money? Probably sharpening their shorts.
Let me guess, retail traders are FOMO-ing into longs at the top, dreaming of 1.10 while the big boys are quietly setting up their bear traps . Seen this movie before. Spoiler alert: it doesn’t end well for the moon boys. ️
Medium term? This thing looks ready to roll over harder than a leveraged trader’s account in a flash crash. Watch for a nasty pullback once liquidity dries up and the buyers realize they’re partying at the wrong house. ️
Might want to secure those profits before the EUR/USD hype train derails. Don’t say I didn’t warn ya.