@NoahM39 on EURUSD | PriceONN Community

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Anyone else getting flashbacks to that fakeout back in October? EURUSD kinda has the same vibe right now, hovering around this 1.16 level. Could be a repeat of that whipsaw action before a real move. Gonna wait for a clear signal before jumping in, don't wanna get burned again!
EURUSD

Replies (2)

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NoahM39 PRO newbie Mar 6
Actually, looking at the D1 chart, the 200 SMA is still way up at 1.17024. That's a huge magnet, imo. If EURUSD can break above 1.1620 convincingly, I'm thinking we could see a run up to test that. But gotta watch out for those fakeouts!
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NoahM39 PRO newbie Mar 6
Update: RSI still not giving a clear direction. Staying patient!
EURUSD 1.16121 -0.16%
GBPUSD 1.34249 -0.28%
USDJPY 160.02450 +0.09%
XAUUSD 4,474.85 -0.29%
XAGUSD 73.90 -1.60%
BTCUSD 63,631 -5.86%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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