@AshleyHall on EURUSD | PriceONN Community

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AshleyHall PRO newbie
EURUSD Feb 27
I'm seeing EURUSD hovering around 1.18, and those SMAs are pretty close together. Could this be a consolidation phase before a bigger move? I'm thinking of waiting for a clear break above 1.1815 or below 1.1790 before making any decisions. Anyone else watching those levels?
EURUSD

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AshleyHall PRO newbie Feb 27
Update: I'm leaning towards a short position if EURUSD fails to hold above that 50-day SMA. Seems like there's some resistance around 1.1805-1.1810. I'd probably set a tight stop loss, maybe around 1.1820 just in case. My target would be the S1 pivot point at 1.1785. However, the RSI is kinda neutral so I'm not totally convinced yet... gotta see how it plays out over the next few hours. Maybe wait for more confirmation before entering tbh. What do you guys think?
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