@MichaelS71 on EURUSD | PriceONN Community

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MichaelS71 PRO newbie
EURUSD Feb 26
Given the current neutral trend and the proximity to both the 50-day and 200-day SMAs, it would be prudent to await further confirmation before initiating any significant positions in EURUSD. A break above R1 or below S1 could provide a clearer directional bias. What are other traders observing in terms of volume?
EURUSD

Replies (1)

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AngelaJones83 PRO newbie Feb 27
@MichaelS71 Agreed! Waiting for confirmation is crucial. A break of R1 or S1 would definitely provide more clarity. I'm also watching the D1 chart for any potential patterns! Let's be patient!
EURUSD 1.16330 +0.02%
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