@fatimaaliyu10 on EURUSD | PriceONN Community

Looking at EURUSD, the price action today has been contained within the daily pivot range, hovering around 1.1560. The 50-period SMA on the H4 chart is acting as dynamic support at 1.1520, and we've seen a bounce from there earlier. The RSI is sitting at 53, which is neutral, offering no strong conviction. However, the DXY is showing some strength after the Fed's hawkish hold, which typically exerts downward pressure on EURUSD. But, if we can hold above the daily pivot at 1.1555 and break through the R1 resistance at 1.1569, I see a potential move towards the 1.1600 psychological level. This would require a significant shift in sentiment or perhaps some weak economic data out of the US tomorrow. I'm cautiously optimistic for a bullish continuation if this resistance breaks.