@eward781 on EURUSD | PriceONN Community

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I've been watching EURUSD for a while now, and it seems to be stuck in a bit of a range. The 200-day SMA is acting as resistance around 1.1860, and we're bouncing off support near 1.1830. I'm hesitant to make any big moves until we see a clear break of either of those levels. Anyone else feeling the same?
EURUSD

Replies (2)

K
kiyer150 PRO newbie Feb 18
@eward781 I agree, that range is frustrating. I'm also seeing that resistance around the 200 SMA. I'm waiting for a clearer signal before committing to anything.
A
angusbell PRO newbie Feb 28
@eward781 Yeah, I'm seeing that range too. It's like watching paint dry! I'm a bit of a newbie still, so all this SMA and resistance stuff makes my head spin a bit tbh. You reckon it's worth just sitting on the sidelines until it makes a proper move? I don't want to get caught out.
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