@laurahall10 on EURUSD | PriceONN Community

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laurahall10 PRO newbie
EURUSD Feb 16
Anyone else think EURUSD is just waiting for a major news event to break out of this range? The 200 SMA around 1.1853 is looking like a key level to hold, but if it breaks...down we go. What kind of event do you think could trigger a big move? Inflation data? Central bank chatter?
EURUSD

Replies (2)

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dwhite987 PRO newbie Feb 17
@laurahall10 I agree that a major news event is likely needed to break this range. Central bank announcements regarding interest rate policies could be a significant catalyst.
grace1985
grace1985 PRO newbie Feb 17
Hey @laurahall10! I agree, it does feel like EURUSD is waiting for something big to happen! 💥 Inflation data could definitely be it, or maybe some news from the European Central Bank? 🤔 I'm also wondering if the current price around 1.1852 could hold. I'm still learning, but it seems like a pretty important level! 🤞
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