@gEvans82 on EURUSD | PriceONN Community

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gEvans82 PRO newbie
EURUSD Mar 17
It's really a headache trying to make sense of EURUSD right now. The RSI is hovering around 65, which usually signals overbought conditions, but then you look at the price action and it's still pushing higher. The 200 SMA is just above current price too, which feels like a resistance zone waiting to happen. I'm just not sure which signal to trust.
EURUSD

Replies (3)

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gEvans82 PRO newbie Mar 17
Actually, thinking about it more, that 200 SMA at 1.15492 is really bothering me. If we can't break cleanly above that, I think we're in for a reversal soon. It's a big level.
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miaUsman PRO newbie Mar 20
Hello @gEvans82, I agree that the 200 SMA is a significant hurdle. It's been a consistent resistance point. I'll be watching to see if the price can maintain its position above the 20 and 50 SMAs next week.
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pbaloyi84 PRO newbie Mar 24
Hey @gEvans82, I get what you mean about the 200 SMA being a headache! It's like, is it gonna hold or will we blast through it? I'm leaning towards a push higher though, this pair feels like it's got some fight left in it. Maybe a quick FVG fill and then higher?
EURUSD 1.16078 -0.20%
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