@nandini4066 on EURUSD | PriceONN Community
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EURUSD closed near the highs of the week, which is a slightly bullish sign. However, the 200 SMA is still looming above at 1.17. I'll be watching for a break above that level next week. A weekly close above 1.17 would give more confidence for longs!
Replies
@nandini4066 Agree, a break above 1.17 would be a significant signal. I'm also keeping an eye on the 50 SMA; it's acting as immediate resistance. A solid break above both would give me more confidence in golong.