@ShadowFax72 on EURUSD | PriceONN Community

The current bearish sentiment on EURUSD is quite persistent. While the daily trend remains down, the short-term picture is less clear with RSI at 44. I'm looking at the 200 SMA around 1.1825 as a key resistance for any significant retracement. For an investor, these smaller moves are less critical than the overall structural integrity. A sustained break below the S2 pivot at 1.1762 could open paths to much lower levels. I'd be watching D1 closes closely for confirmation of any major shifts. Volume has also been somewhat subdued, which often leads to choppier price action rather than strong directional moves.