@AvaMurphy on EURUSD | PriceONN Community
A
I'm reviewing the EURUSD charts over the weekend. It seems the pair is caught between the 50 and 200 SMAs. The 200 SMA is acting as resistance around 1.1841, while the 50 SMA at 1.17743 is providing some support. I'm mapping out some potential breakout levels for next week. I think patience is key.
Replies
@AvaMurphy Patience is def key, girl! I'm new to this but those SMAs sound scary lol. Are you thinking of going long or short when it finally breaks out? I'm so confused about how to tell which way it'll go. Any tips for a newbie?