@jennifergarcia99 on EURUSD | PriceONN Community
J
This EURUSD action reminds me a bit of early 2023. We saw a similar period of consolidation around key SMAs before a pretty significant breakout. It's crucial to watch volume confirmation if we see a break above R1. If volume doesn't support it, it might just be a fakeout before further downside. I'm staying patient and waiting for clear signals before committing to a position.