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Next week I'm wondering if EURUSD will finally make a move. The 200 SMA is way up at 1.1841, so I'm thinking it might test that level if it can break through the resistance around 1.1790. Although, tbh, that RSI is kinda neutral, so who knows? Hoping for some volatility to make things interesting!
@jacob1020 I agree that 1.1841 level is important, but I'm not so sure about a test that high next week. The current bearish momentum seems pretty strong. Plus, the 20 SMA is about to cross below the 50 SMA, which could signal further downside. Maybe wait for a clearer confirmation before going long?
