@EmmanuelPadilla on EURUSD | PriceONN Community

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Is anyone else finding EURUSD kinda indecisive today? I'm seeing some bullish signals with the RSI above 60, but that resistance at 1.16622 is looking pretty strong. I'm hesitant to enter a long position until it breaks through that level, but I also don't want to miss out if it takes off. What's your take on this?
EURUSD

Replies (1)

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EmmanuelPadilla PRO newbie Mar 10
Yeah, it's frustrating because it seems like the market wants to go up, but it's just struggling to get past that resistance. Maybe it's the news about Middle East tensions making people cautious, who knows. I'm thinking maybe I should just wait for a clear breakout before committing to anything.

I'm also wondering if the US data release is going to affect the EURUSD pair today. I read something about mixed data, so I'm not sure which way it'll push things. I'll keep monitoring, but might close my small positions for the day.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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