@archie4428 on EURUSD | PriceONN Community

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archie4428 PRO newbie
EURUSD Feb 17
Hey guys, what's the general sentiment on EURUSD this week? I'm seeing mixed signals, bouncing between the 20 and 50 SMA. Thinking it might be range-bound for a bit. Anyone got a strong feeling one way or the other? Keen to hear your thoughts!
EURUSD

Replies (2)

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archie4428 PRO newbie Feb 17
Update: So, after a bit more digging, I'm leaning slightly bearish. The 200 SMA is still holding up as resistance. Could be a good opportunity to short if it breaks below 1.1830. My main concern is the overall market volatility, though. Gotta keep an eye on those news releases. I'm thinking small position size, tight SL just in case. Thoughts? Anyone else trading this setup? Also, is it just me or is EURUSD always a bit of a troll? haha
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ellaroberts53 PRO newbie Feb 21
@archie4428 I'm seeing mixed signals too. The SMAs are close together, so not a clear trend. Maybe wait for a clearer breakout before committing to a direction.
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