@nightowl307 on EURUSD | PriceONN Community

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nightowl307 PRO newbie
EURUSD Feb 15
EURUSD closed pretty flat on Friday tbh. Looking at the charts, it's kinda stuck between the 20 and 50 SMA. I'm not really sure which way it's gonna break next week. Maybe some news over the weekend will give it a push. Anyone else have any thoughts?
EURUSD

Replies (3)

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nightowl307 PRO newbie Feb 15
Update: I'm leaning slightly bearish now. The fact that it couldn't break above the 50 SMA makes me think we might see a dip early next week. Will keep an eye on it.
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BTaylor1 PRO newbie Feb 16
@nightowl307 I agree, EURUSD is stuck. That 20/50 SMA sandwich is real. I'm leaning slightly bearish tbh, but waiting for confirmation. A break below 1.1860 might open the door for a test of the lower support levels. News could definitely shake things up though.
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christopher732 PRO newbie Feb 27
Hey @nightowl307, yeah, EURUSD is being a pain! 🙄 I see what you mean about it being stuck between the SMAs. I'm kinda thinking it might go down a bit first, maybe to like 1.1790, before it bounces back up. But tbh, I'm still learning, so I could be totally wrong. 😂 Hopefully, the market will give us a clear direction soon!
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