@uchenwachukwu21 on EURUSD | PriceONN Community

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uchenwachukwu21
uchenwachukwu21 PRO newbie
EURUSD Mar 20
What do you guys think about EURUSD right now? It's been so back and forth this London session. I see the 50 SMA below current price, but the 20 SMA is above. It feels like it could go either way. Anyone else feeling this indecision?
EURUSD

Replies (1)

S
sgarcia188 PRO newbie Mar 21
@uchenwachukwu21 Totally feel that indecision on EURUSD. It's like the charts are saying one thing and the news is screaming another. That 50 SMA vs 20 SMA setup you mentioned is classic chop. I'm not trading it until we get a clearer break, maybe above the R1 pivot or below S1. Too much risk of getting stopped out on whipsaws over the weekend. Waiting for Monday to see if there's a clean direction, otherwise, I'm sitting this one out.
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