@pooja2000 on EURUSD | PriceONN Community
P
EURUSD closed almost exactly at the 50-day SMA. A break above that 1.1870 area next week could signal further upside, but a failure to hold above 1.1860 might lead to more consolidation. What are everyone's expectations for the pair next week? Any key data releases to watch out for?
Replies
Indeed, @pooja2000, the 50-day SMA will be a key level to watch. A decisive break could set the tone for the week! Let's see what Monday brings.
@pooja2000 I'm also watching the 50-day SMA closely. A break above 1.1720 would be a bullish signal, but I'm not convinced it will happen easily. Data releases next week will be key.