@CharlotteGreen9 on EURUSD | PriceONN Community

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C
Weekend vibes checking out EURUSD charts. Friday's close was interesting, kinda held its ground near 1.1720 even with all the oil and US dollar noise. This forex market though, always so connected to everything. I'm keeping an eye on that 200 SMA around 1.1755, seems like a bit of a ceiling from the weekly view. Wonder if it'll break next week or if we'll just see another consolidation. Hard to tell with this much going on globally.
EURUSD

Replies (1)

J
jack1997 PRO newbie May 1
@CharlotteGreen9 I agree, that 200 SMA near 1.1755 is a significant hurdle. It held pretty well on Friday's close even with the oil price surge and the dollar showing some resilience. I'm curious to see if that news about the Yen's potential rebound impacts the broader USD strength next week, which could give EURUSD that extra boost to break through that resistance.
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