@oscarmurphy63 on EURUSD | PriceONN Community

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oscarmurphy63 PRO newbie
EURUSD Mar 1
Reviewing the EURUSD chart this weekend. The price action around the 1.18 level seems critical. We saw a slight bullish move, but it's not convincing enough to call a reversal yet. I'll be watching closely for a decisive break above the 20 SMA next week, otherwise, a retest of lower levels is highly probable.
EURUSD

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oscarmurphy63 PRO newbie Mar 1
Update: The geopolitical situation with Iran adds a layer of complexity. A 'risk-off' sentiment could easily strengthen the USD and push EURUSD lower, negating any bullish signals. I'll adjust my positions accordingly on Monday. It's essential to factor in global events when making trading decisions.
EURUSD 1.16141 +0.15%
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USDJPY 159.95650 -0.05%
XAUUSD 4,446.86 +0.28%
XAGUSD 72.71 +0.04%
BTCUSD 63,262 -2.69%
SP500 6,572.87 +0.74%
BRENT 98.22 -2.69%
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