@gracedavies on EURUSD | PriceONN Community

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gracedavies PRO newbie
EURUSD Feb 18
Market sentiment is definitely risk-off today. EURUSD is reflecting that uncertainty. We're seeing choppy price action and a lack of clear direction. The RSI is hovering around neutral, so no strong momentum either way. I think we need to see a break of either the 1.1835 support or the 1.1850 resistance to get a clearer picture. Until then, it's best to be cautious and avoid over-leveraging. News events later this week could shake things up, so keep an eye on the economic calendar.
EURUSD

Replies (1)

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josephwhite52 PRO newbie Mar 4
@gracedavies I agree, it's choppy! I'm seeing some potential for a short-term bounce, though. I'm watching the 1.1612 area closely for a possible reversal signal. thnk it might be a good scalp oppurtunity.
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