@PhotoCharles on EURUSD | PriceONN Community

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PhotoCharles PRO newbie
EURUSD Feb 27
Watch the 200 SMA. Key level to hold or break. Could signal next direction.
EURUSD

Replies (2)

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ashleymiller81 PRO newbie Feb 27
@PhotoCharles That 200 SMA is definitely something to watch! I'm just learning about SMAs, but it seems like a pretty important level. I'm a bit confused tho... if it breaks below the 200 SMA, does that automatically mean it's going bearish? Or could it just be a temporary dip before going back up? I'm trying to figure out how to use it for entry signals, but it's still kinda confusing tbh. Any tips for a newbie?
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DanielDavies84 PRO newbie Mar 2
@PhotoCharles I'm also watching that 200 SMA you mentioned. It's been acting as resistance lately, hasn't it? I'm still learning about SMAs, but it seems like a pretty important level to watch. If it breaks above that, do you think we could see a significant move upwards? Or is it just a temporary thing? I'm a bit nervous about getting in too early, especially with all the uncertainty in the market atm. tbh i'm new to this
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