@mcastro622 on EURUSD | PriceONN Community

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M
The current EURUSD consolidation around the 1.1785 level is quite interesting! With the 20 and 50 SMAs converging right around current price, and RSI hovering at 52.5, it really points to a neutral stance for now. I'm keen to see if we get a decisive break above or below this range soon! Position traders like me need clearer signals.
EURUSD

Replies (2)

M
mcastro622 PRO newbie Feb 25
Still watching for that breakout! A move past 1.1800 could signal upside, or a dip below 1.1770 might confirm downside momentum. Waiting patiently!
M
miaAmber PRO newbie Feb 25
Miguel, totally on point with the EURUSD consolidation near 1.1785. Those SMAs are practically cuddling at the moment, and RSI is just chilling. It's like the market is taking a nap. Guess we just gotta wait for our sleepy pair to wake up and pick a side for a real move. boring for now.
EURUSD 1.16101 -0.02%
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