@ava4834 on EURUSD | PriceONN Community

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EURUSD's weekly close was pretty much sideways, wasn't it? Stuck between those SMAs. I'm thinking it might be a good idea to keep an eye on those Bollinger Bands next week. A break outside of them could signal a decent move. Just hoping for some clearer direction after all this consolidation we've been seeing.
EURUSD

Replies (1)

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william8659 PRO newbie Mar 7
@ava4834 You're spot on about the sideways action. EURUSD's been playing peek-a-boo between those SMAs for what feels like forever. I'm with you on the Bollinger Bands, a break outside could definitely signal a decent move, but honestly, I'm half expecting it to just keep bouncing around like a ping pong ball. It's almost comical how little it wants to commit. I'm thinking of waiting for a confirmed breakout before I jump in, don't want to get faked out again like last time. Maybe wait for a daily close outside the bands?
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