@ewalker332 on EURUSD | PriceONN Community
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Friday's close on EURUSD was a bit disappointing, settling below the 200 SMA again. The bearish RSI divergence on H4 was pretty clear heading into the weekend. Honestly, hoping for a flat open Monday but that oil news might cause some volatility.
We need to watch that S2 pivot at 1.15079 closely. If that breaks, we could see a quick move lower early next week, especially with the CPI data looming.
We need to watch that S2 pivot at 1.15079 closely. If that breaks, we could see a quick move lower early next week, especially with the CPI data looming.