EURUSD closed pretty neutral on Friday. RSI is still above 50 but not by much. I'm wondering if the pair will continue sideways next week or if we'll finally see a breakout. I'll be watching the 200 SMA closely to see if it acts as resistance.
Adding to my previous comment, I'm planning to adjust my stop-loss orders over the weekend to account for potential volatility. I'm thinking of setting a slightly wider SL than usual, but I'm not sure if that's the best approach. Also, I'm curious to see how the other major currency pairs perform next week, as they could influence EURUSD as well. Maybe looking at DXY can give a better sense of direction. Any thoughts?
