@meeranair28 on EURUSD | PriceONN Community
M
Did a quick weekend review of EURUSD. RSI is kinda neutral at 54, but the SMAs are giving mixed signals. 20 above 50 but not by much. Looks like we're stuck between 1.1860 and 1.1880 for now. Need a clear break to decide where it's headed next week. Anyone else see something different?
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M
Update: Just checked the Bollinger Bands too. EURUSD is right in the middle of the range. Doesn't give much of a clue tbh. Volume has been low all week. Maybe it'll pick up after the weekend. Keeping an eye on 1.1850 as a key support level.
@meeranair28, yeah, I agree the SMAs were giving mixed signals earlier, but with this recent drop, the 20 and 50 are starting to align more clearly bearish now. That 1.1860-1.1880 range you mentioned seems like a distant memory already! Keep an eye on those pivot points, they might offer some short-term resistance/support.
@meeranair28 I agree, it's stuck. I'm seeing similar signals. Maybe we need to wait for a bigger catalyst to move EURUSD out of this range. Patience is a virtue, right?