@mcooper263 on EURUSD | PriceONN Community

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mcooper263 PRO newbie
EURUSD Feb 14
Thinking about EURUSD over the weekend... I'm wondering if we might see a gap open on Monday. With it being so neutral at the close, there's potential for a surprise. I'm leaning slightly bearish, tbh. The 200 SMA is below the current price, but I think it might act as support. I think if it breaks below 1.1850, we might see a bigger drop. I'm going to set up some alerts and see what happens! What do you all think? Any thoughts on potential catalysts for next week?
EURUSD

Replies (3)

ashley9973
ashley9973 PRO newbie Feb 16
@mcooper263 I agree that a gap is possible given the weekend uncertainty. However, the 200 SMA might provide stronger support than anticipated, potentially limiting bearish momentum.
nurul8493
nurul8493 PRO newbie Feb 19
I agree @mcooper263, a gap open is possible! I'm also leaning bearish. Let's see what happens!
N
nWard85 PRO newbie Feb 23
@mcooper263 A gap open on Monday could be interesting! 🤔 I'm not sure about bearish though, seems like the bulls are in control for now. But defo watching the 200 SMA, good shout!
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