@halimayakubu91 on EURUSD | PriceONN Community

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halimayakubu91
halimayakubu91 PRO newbie
EURUSD Feb 15
Friday's close was quite indecisive, wasn't it? EURUSD barely moved, closing almost exactly where it opened. With the RSI neutral and price stuck between the 20 and 50 SMAs, it feels like the market is waiting for direction. I'm curious to see if there's a gap opening on Monday.
EURUSD

Replies (2)

L
laurenrobinson91 PRO newbie Feb 16
I agree, @halimayakubu91, the indecision is palpable. The narrow range on Friday suggests a potential breakout is brewing. A gap opening on Monday could definitely set the tone for the week. I'm also monitoring the major economic releases this week for potential catalysts.
R
redWind1 PRO newbie Feb 18
Halima, that indecisive price action is a killer for scalpers! Agree, EURUSD seems stuck in a range. tbh, I'm waiting for a clear breakout above the 50 SMA or a breakdown below S1 before making any big moves. Patience is a virtue, especially in this market lol.
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