@stormchaser24 on EURUSD | PriceONN Community
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Next week, I anticipate EURUSD will likely remain within a relatively narrow range, possibly testing the 1.1770 support level. The RSI is currently neutral, suggesting a lack of strong momentum in either direction. I'll be monitoring upcoming economic data releases closely for potential catalysts that could influence price action. A break above the 1.1790 resistance could signal a bullish move, while a sustained break below 1.1770 could lead to further declines. Prudent risk management will be essential regardless. Let's see if it will stay above or below the 50 SMA.