What is the RSI Indicator?

RSI is a momentum indicator that helps traders know when a currency is in a state of 'overbought' or 'oversold.' If it exceeds 70, the price is often too high and may correct, and if it drops below 30, the price is too low and may rebound. Using RSI with support and resistance areas gives you strong entry signals! Don't ignore this indicator; it is a professional's friend. ✅

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