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Well, EURUSD closed the week pretty much where it started, didn't it? Around 1.161. The RSI is still hovering in the middle, not giving much away. I'm wondering if we'll see a gap up or down on Monday morning. I'm not holding any positions over the weekend, too risky imo.
Update: I was just looking at the weekly chart, and it seems like we're still in a downtrend overall. The 200 SMA is way up at 1.17024, and we haven't been able to break above it for ages. So, even though the short-term picture is kinda neutral, I'm still leaning towards bearish. Maybe look for shorting opportunities if it bounces off the R1 pivot point early next week? Just a thought, not financial advice ofc! I'm still learning all this.
