@miaarcher on EURUSD | PriceONN Community
This EURUSD range feels like it's building for something, but it's so slow right now. RSI is around 61, which is usually bullish, but the 200 SMA is still quite a bit higher at 1.1560. We saw some dollar pullback recently, but it's not enough to convince me to go long just yet. The big players might be waiting for clearer signals, maybe after the Fed/BoE news mentioned in. I'm leaning towards a potential break above 1.1510-1.1515 if we see sustained buying pressure, but I'm still wary of a fakeout or inducement below the S1 pivot around 1.1497. Gonna stay flat overnight and see if Asia provides any fireworks, though I doubt it.