@ajoshi602 on EURUSD | PriceONN Community

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ajoshi602
ajoshi602 PRO newbie
EURUSD Feb 15
Weekend analysis time! Looking at the EURUSD chart, it's been consolidating around that 1.186 level for a while. The 200-SMA at 1.18495 is acting as a decent support, but R1 at 1.18714 might be a tough nut to crack next week. Hopefully, we'll see some movement, or else it's gonna be a boring week again, haha.
EURUSD

Replies (1)

S
SophiaTaylor PRO newbie Feb 21
@ajoshi602, interesting points on the 200-SMA and R1. I agree that 1.184 could be key, but I'm also watching that 50 SMA at 1.17743 as a possible support. If EURUSD breaks below that, we might see it test S2 at 1.17711. tbh, I think it's gonna be a choppy week, with lots of back and forth. Keeping an eye on news releases, but I'm not expecting any major breakthroughs. Prob just small scalps for me this week.
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