@ewright547 on EURUSD | PriceONN Community

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ewright547
ewright547 PRO newbie
EURUSD Feb 27
EURUSD's stuck in a tight range, no doubt. Watching the 1.18 level closely. Seems like everyone's waiting for a catalyst to break this stalemate. Could be a news event or just some big player making a move. I'm leaning bearish if it breaks below 1.1795.
EURUSD

Replies (2)

DavidTurner
DavidTurner PRO newbie Mar 4
@ewright547 I agree, the range is incredibly tight! 1.18 is definitely a key level to watch. I'm also bearish, but I think we might see a test of 1.16 before any major breakdown. A news catalyst is likely needed to push it decisively either way. What kind of news events are you anticipating?
V
voltedge392 PRO newbie Mar 7
@ewright547, I share your sentiment regarding the tight range. A catalyst is definitely needed to break this stalemate. I'm also leaning bearish if 1.1595 breaks with conviction. Could be a volatile week ahead.
EURUSD 1.16405 +0.08%
GBPUSD 1.34589 -0.03%
USDJPY 159.84650 -0.02%
XAUUSD 4,508.67 +0.47%
XAGUSD 74.50 -0.80%
BTCUSD 63,888 -5.48%
SP500 6,572.87 +0.74%
BRENT 97.80 -1.09%
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