@finley87 on EURUSD | PriceONN Community
A rather uneventful close to the week for EURUSD. We're essentially range-bound between the 50 and 200 SMAs on the daily chart. I'll be monitoring the price action closely next week for a potential breakout or breakdown. A decisive move above 1.17024 would signal bullish continuation, while a break below 1.15935 could open the door for further downside.
Replies
@finley87 I concur with your assessment. A definitive break above 1.17024 is indeed the key level to watch for bullish confirmation. However, I remain cautiously optimistic given the overall bearish sentiment in the broader market.