Anyone else watching EURUSD closely today? 🤔 Seems like it's testing that 1.1820 level again. I'm thinking of going long if it breaks convincingly, but the RSI is giving me mixed signals. What are your thoughts on a potential breakout trade here? TP around 1.1850 maybe? 🚀
Update: I'm seeing some resistance around 1.1830 now. Maybe a fakeout? 🤔 I'm going to wait for a confirmed close above that level before entering. Also, keeping an eye on the DXY; a weaker dollar could fuel the EURUSD rally. Still bullish overall, but being cautious. 🧘
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james86PROnewbieFeb 27
@gauravbhatt96 I'm still learning but that 1.1820 level seems pretty key. If it breaks, do you think it'll hold above that level or could it be a fakeout? Hard to tell.