@miaLinda1 on EURUSD | PriceONN Community
M
The weekly close at 1.17858 leaves me with mixed feelings. The neutral RSI doesn't give a clear directional bias. Considering the SMA placements, a test of the 200-day at 1.1841 seems less likely in the immediate short term, but not impossible. What are other traders expecting for EURUSD next week? Do you anticipate a gap opening, and if so, in which direction? I'm considering adjusting my risk parameters over the weekend, depending on the general sentiment. A breakout above R1 (1.17866) might signal bullish intent, but I'm wary of false signals.