@sureshreddy80 on EURUSD | PriceONN Community

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sureshreddy80 PRO newbie
EURUSD Mar 2
EURUSD is playing peek-a-boo with the S1 pivot. I was expecting a stronger push down after the US open, but it's consolidating near 1.1665. I'm still holding my short from 1.17, but considering adding another position if it breaks below S1 convincingly. The 200 SMA is way up there at 1.17874, so I'm thinking any rallies will be short-lived. My target is still 1.1600, but I might take some profits earlier if volatility picks up. Patience is a virtue, especially in forex trading, eh?
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EURUSD 1.16007 -0.26%
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