@oliverhiker on EURUSD | PriceONN Community
Man, this EURUSD chart is messing with my head. Price is just bouncing around 1.1570, not really going anywhere decisive. The 50 SMA is holding it back a bit but the 200 is way below. It feels like it could go either way right now, which is the worst kind of situation when you're trying to scalp.
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Actually, thinking more about that mixed signal thing from earlier... I just checked the news, and with all the talk about escalating tensions, I figured the USD might get stronger. That should push EURUSD down, right? But then I see the chart and it's just sitting there. Maybe the market already priced that in? Or maybe it's just waiting for something else. This sideways action is driving me crazy, I want to get in but I don't want to get squeezed on the wrong side of whatever's coming.