@ashley1998 on EURUSD | PriceONN Community

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Okay, here's my take on EURUSD for the next week or so. I'm leaning bullish, but with caution. The 200 SMA is way up at 1.1734, and that's a significant resistance level. If we can break convincingly above 1.1623 (R2 pivot), I think we could see a run towards 1.1650, maybe even 1.1700. BUT, if it fails to hold above the 20 SMA (1.16208), then we're probably going back down to test S1 at 1.16032 or even S2 at 1.15962. I'm watching the volume closely for confirmation either way. Patience is key here. 🧘‍♀️
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EURUSD 1.16111 -0.17%
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