@cyclistAmanda on EURUSD | PriceONN Community
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EURUSD appears to be consolidating around the 50-day SMA at 1.16408. A breakout above R1 at 1.16488 could signal further upside potential, targeting R2 at 1.16632. However, failure to sustain above the SMA may lead to a retest of S1 at 1.1625. I'll be watching volume closely for confirmation.