The Stoch RSI can be a very helpful indicator once you know how to use it.
1. Only use it when the price is in a trend.
2. There is no overbought in an uptrend and no oversold in a downtrend.
Anyway, as you can see on the chart, it's time for the USD to bounce back up.
1. Only use it when the price is in a trend.
2. There is no overbought in an uptrend and no oversold in a downtrend.
Anyway, as you can see on the chart, it's time for the USD to bounce back up.