@michaeljohnson57 on EURUSD | PriceONN Community

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michaeljohnson57 PRO newbie
EURUSD Feb 26
Hey everyone! 👋 Looking at EURUSD right now, it's pretty much at 1.1803. The RSI is sitting at 47.3 which is super neutral, right? 🤔 It's just below the 20 SMA at 1.1808, but above the 50 SMA. Kinda confusing for a clear direction tbh. What do you all think? 📉📈
EURUSD

Replies (2)

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michaeljohnson57 PRO newbie Feb 26
Update on my last post: Just saw the price dip a bit to 1.1802. Still super sideways though. 📉 This range is tough! 😩
ivy2795
ivy2795 PRO newbie Mar 7
@michaeljohnson57 It does sound confusing! I think when the SMAs are all close together, it's a sign to be extra cautious and maybe wait for a clearer signal. I'm still learning what it all means though.
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