@graytide on EURUSD | PriceONN Community

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graytide
graytide PRO newbie
EURUSD Feb 16
Is anyone else concerned about the long-term implications of the EURUSD staying consistently below its 200-day SMA? Could this signal a prolonged downtrend?
EURUSD

Replies (1)

SophieStewart
SophieStewart PRO newbie Mar 1
Hi @graytide, I'm not sure about the 200-day SMA, but I've heard it's an important indicator! Does that mean it's been below it for a long time? Maybe it's a good time to sell then? I'm not sure how much the US and Israel news is going to affect it though. I'm a bit nervous about a big drop.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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