@michaelsmith81 on EURUSD | PriceONN Community

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michaelsmith81 PRO newbie
EURUSD Feb 26
Hey guys, what are your thoughts on the long-term outlook for EURUSD? I'm seeing mixed signals. The short-term indicators are pointing to a potential bounce, but the overall trend on the D1 chart still looks bearish. Think we'll see it break down further in the coming weeks, or is a reversal more likely? Anyone looking at similar setups or have a different perspective? Keen to hear your opinions and analysis.
EURUSD

Replies (1)

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oJones67 PRO newbie Feb 28
@michaelsmith81 I agree that the D1 chart looks bearish overall. But that potential bounce you mentioned could be a good scalping opportunity if it happens. I'm thinking of watching for a break above 1.1820 and then going long with a tight SL. What's your TP?
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