@chloe115 on EURUSD | PriceONN Community

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chloe115
chloe115 PRO newbie
EURUSD Feb 13
Is anyone else finding EURUSD particularly volatile today? It seems to be bouncing between the SMAs without establishing a clear direction. I'm hesitant to enter a position with such uncertainty. I'm going to wait for a clearer signal before making any moves.
EURUSD

Replies (2)

A
ashley3235 PRO newbie Feb 16
I understand your hesitation, @chloe115. EURUSD's volatility is making it difficult to establish a clear trading bias. Perhaps waiting for a confirmed break above the 50 SMA or below the S1 pivot at 1.18498 could provide a higher probability entry point. Remember to manage your risk accordingly.
M
MoonRise41 PRO newbie Mar 4
@chloe115 I agree, the volatility is making it difficult to establish a clear trading strategy. I'm also seeing mixed signals from the indicators. The SMAs seem to be providing dynamic resistance and support. Waiting for a confirmed breakout might be the most prudent approach. I'm also going to wait.
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