@jlee104 on EURUSD | PriceONN Community
Weekend check on EURUSD charts. Seeing that Friday close below 1.17 definitely has my attention. The Fed news was wild, might cause a gap on Monday. I'm thinking we could see a retest of that 1.1720 resistance if the dollar keeps weakening from that news.
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And looking at the RSI at 62.5, it’s not overbought yet, so there's still room to run up if the bulls get going. The 200 SMA is still above us though, around 1.1755, so that’s a big resistance zone to watch. If we break that, then we’re talking serious gains. Gotta keep an eye on that dollar weakness too, that Fed announcement had me hyped for a move.