@suresh9617 on EURUSD | PriceONN Community

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suresh9617
suresh9617 PRO newbie
EURUSD Feb 15
EURUSD's weekly close is a bit of a head-scratcher, isn't it? Stuck right around that 1.186 level. The RSI is neutral, SMAs are tangled... feels like everyone's waiting for some actual news to drop. I'm not holding my breath for a clear direction until Tuesday, tbh.
EURUSD

Replies (3)

suresh9617
suresh9617 PRO newbie Feb 15
Update: I'm thinking a small long position might be worth it if we see a bullish gap on Monday, but only if it breaks above that R1 pivot around 1.187. Tight SL is a must, though.
U
ugochukwueze49 PRO newbie Feb 19
@suresh9617 I agree, waiting game for EURUSD. The SMAs are all over the place, no clear signal. It's like the market is holding its breath, waiting for something to happen. I'm expecting volatility after a few days of this consolidation. 🚀
ddavis534
ddavis534 PRO newbie Feb 20
@suresh9617 I agree, that 1.186 area has been a magnet for price action. It's like the market is waiting for a catalyst before committing to a direction. I'm also leaning towards a wait-and-see approach until we get some clear signals.
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