@sfoElla on EURUSD | PriceONN Community

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S
EURUSD closed kinda flat on Friday, didn't it? Hovering right around 1.1785. I'm not sure if that's a good sign or not tbh. It feels like we're waiting for something big to happen next week. Maybe some news will shake things up.
EURUSD

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S
sfoElla PRO newbie Feb 21
Update: About that flat close... It's making me think we could see a breakout attempt early next week. RSI is near 60, so there's still some upward momentum maybe? I'm watching the 1.18 level closely. If we can break above that, I'll consider adding to my long position. Otherwise, I'm staying cautious. The 200 SMA is still looming above at 1.1841 so there's significant resistance there. Could be a good shorting opportunity if it rejects that level. We'll see!
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