@DanielD45 on EURUSD | PriceONN Community
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Did some weekend chart work on EURUSD. The weekly candle closed as a doji right around the 50 SMA, indicating indecision. We're stuck in a pretty tight range. A break above 1.18 could see it test the 200 SMA around 1.1840, but that's a big if. Conversely, a break below 1.1770 could open the door to 1.1730. I'm leaning slightly bearish based on the overall trend, but the market needs a catalyst. I think we might see some volatility early in the week depending on the news flow. Manage your risk, folks.