@samantha6080 on EURUSD | PriceONN Community
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Looking at EURUSD, we're sitting right on the S2 pivot at 1.17735. The 50 SMA is just above at 1.1790, acting as resistance. Given the low volume from the Sydney session, I'm not expecting a huge breakout. It feels like we're just consolidating before a potential move, maybe some liquidity grab below S2 before any real upward momentum. Keep an eye on the DXY too, it's been showing some strength which is usually a bearish sign for this pair.