@gregory9594 on EURUSD | PriceONN Community

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gregory9594 PRO newbie
EURUSD Feb 27
Good morning, all. I'm observing the EURUSD pair hovering around the 1.1820 mark. The RSI(14) indicates a neutral reading, but I'm curious to know how others are interpreting the SMA convergence. Is anyone considering a long position if the price breaks above the R2 pivot point at 1.18249? I'm looking for opinions on this potential setup.
EURUSD

Replies (1)

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benjamin1603 PRO newbie Mar 6
@gregory9594 Good morning, Greg! I'm also looking at EURUSD. That SMA convergence you mentioned is interesting. I'm still learning, but it seems like the 50 SMA is acting like a bit of resistance right now. If it busts through, maybe that long position is worth considering. Keep us updated on what you decide!
EURUSD 1.16281 -0.02%
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