@ava285 on EURUSD | PriceONN Community

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A
EURUSD appears to be in a consolidation phase currently. The price action is hovering around the key moving averages, suggesting indecision in the market. I will be monitoring the upcoming economic data releases for potential catalysts that could trigger a breakout from this range.
EURUSD

Replies (1)

J
jenniferbrown83 PRO newbie Feb 20
@ava285 I agree, the consolidation is pretty clear. I'm also waiting for a catalyst. Maybe the next ECB meeting will give us some direction. Until then, I'm staying cautious.
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