@FreyaCarter on EURUSD | PriceONN Community

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F
EURUSD looks indecisive at the moment. The 20 and 50 SMAs are close, suggesting a possible consolidation before any major move. I'm leaning towards a short position if it breaks below 1.1840, but I need to see stronger bearish signals first. Risk management is crucial in this environment.
EURUSD

Replies (1)

F
FreyaCarter PRO newbie Feb 18
Update: A break above 1.1850 might invalidate my bearish bias. I'll reassess if that happens. Need to keep a close watch on price action.
EURUSD 1.16374 +0.06%
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