@SBrown51 on EURUSD | PriceONN Community
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The Friday close was interesting...sort of a shrug, wasn't it? We bounced off the 50-day SMA which is generally a good sign, but the volume was pretty anemic. Makes me wonder if it's just a dead cat bounce. I'm leaning towards a slightly bullish outlook, but I'm definitely not going to be chasing any breakouts without confirmation. Need to see some serious volume and a break above that 1.1620 resistance before I get too excited. Otherwise, it's just another opportunity for the bears to pile on, isn't it? Plus, with everything going on geopolitically… anything could happen, lol.