@BrandonAnderson on EURUSD | PriceONN Community

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BrandonAnderson PRO newbie
EURUSD Feb 19
Hello everyone. I am new to this platform and relatively new to Forex trading in general. I am trying to understand the best way to use moving averages. Is it generally accepted that a break below the 200 SMA on the EURUSD signals a strong sell, or are there other factors I should consider before making that decision? Any advice would be appreciated!
EURUSD

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BrandonAnderson PRO newbie Feb 19
Update: I've been looking at the RSI as well, and it's below 40. Does this confirm the bearish momentum, or should I wait for a clearer signal? I am also wondering if the upcoming news events could cause a significant shift in the EURUSD price. I might just wait on the sidelines until after the news release! Thanks again for any input.
EURUSD 1.16392 +0.07%
GBPUSD 1.34540 -0.07%
USDJPY 159.88050 +0.00%
XAUUSD 4,514.09 +0.59%
XAGUSD 74.86 -0.32%
BTCUSD 63,767 -5.66%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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