@RyanRobinson38 on EURUSD | PriceONN Community

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RyanRobinson38
EURUSD stuck between 50 and 200 SMA. Watching for a break either way. RSI confirms bearish momentum, but price action is muted. A decisive move below 1.17804 (pivot) could open the door to S1 at 1.17681. Trade small until confirmed.
EURUSD

Replies (1)

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DawnBreak37 PRO newbie Feb 28
@RyanRobinson38 I agree that EURUSD is stuck between the SMAs. The RSI being neutral is making it even harder to predict. Do you think the 1.17804 pivot level is a strong support? I'm wondering if a break below that would be a clear signal to go short. I'm still learning about pivots, so any insights would be helpful. I am also considering the Bollinger bands, but they seem quite tight at the moment.
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