@renatosantiago91 on EURUSD | PriceONN Community
I'm seeing EURUSD struggling to hold above 1.1780. The 200 SMA is way up at 1.1860, so I don't see a rally happening anytime soon. Plus, the Bollinger Bands are squeezing, which usually means a big move is coming. I'm leaning towards a short position, but I'm waiting for a clear breakout below 1.1775 to confirm. Risk management is key, folks. Don't get caught on the wrong side of this one. Keeping a close eye on news events too, could trigger some volatility.