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EURUSD is currently range-bound between the 1.17 and 1.18 levels. The 200 SMA around 1.184 is acting as significant resistance. A confirmed break above that could signal a stronger bullish trend. Watching for a potential long entry on a pullback to the 1.1775 area.
@MatthewWilson27 I agree that 1.184 is a key level. I'm a bit hesitant about a long entry at 1.1775 though, might be a bit too close to the previous lows. Will watch the price action carefully.