@DawnBreak74 on EURUSD | PriceONN Community

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DawnBreak74
Okay, so I've been looking at EURUSD, and it seems to be stuck in a range between 1.1770 and 1.1790. The SMA 50 is acting like resistance, but it's not super strong imo. RSI is also neutral, so no clear direction there. I'm thinking if it breaks below 1.1770, it might go down further, maybe to 1.1760? But if it breaks above 1.1790, it could test 1.18. I'm not sure whether to buy or sell tbh. Maybe just wait and see what happens? What's everyone else planning?
EURUSD

Replies (1)

S
sophie9345 PRO newbie Mar 1
Hi @DawnBreak74, I'm also looking at EURUSD. I agree that the 50 SMA doesn't seem like a very strong resistance right now. I'm wondering if the news about the US/Israel situation might affect the euro's strength when the market opens on Monday. It's a bit worrying.
EURUSD 1.16436 +0.11%
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XAUUSD 4,502.22 +0.32%
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BRENT 97.63 -1.26%
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