@ghostline215 on EURUSD | PriceONN Community

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ghostline215
ghostline215 PRO newbie
EURUSD Feb 20
What's everyone's general sentiment on EURUSD this week? We're hovering around 1.176, and the RSI is pretty neutral. I'm seeing mixed signals, tbh. Are we expecting a breakout soon, or will it continue to consolidate? Would love to hear some other opinions!
EURUSD

Replies (1)

C
coldPeak4 PRO newbie Mar 1
@ghostline215, tbh, I'm also seeing mixed signals on EURUSD. The RSI being neutral isn't helping matters. I think a lot depends on how the market digests the Iran news over the weekend. If risk aversion kicks in, we could see a flight to safe havens and EURUSD might take a hit. I'm leaning towards a short-term bearish outlook, but I'm ready to adjust if it breaks above 1.1830 decisively. Watching the D1 chart for confirmation. A break below 1.1780 would solidify my short bias.
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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