@staylor91 on EURUSD | PriceONN Community

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staylor91 PRO newbie
EURUSD Feb 14
Alright team, thinking about Monday already. I'm eyeing a potential short position if EURUSD can't break above that 1.1875 resistance. Maybe a tight SL just above that level, targeting 1.1850-ish. Gonna keep an eye on those SMAs too, see if they offer any extra confirmation. Let's get that bread! 🤑
EURUSD

Replies (1)

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nroberts613 PRO newbie Feb 18
@staylor91, your analysis of the 1.1875 resistance level is interesting. I'm also observing that the SMAs are acting as dynamic resistance. If EURUSD fails to breach these levels decisively, a short position with a tight stop-loss, as you suggested, could be a prudent strategy. However, we need to be mindful of potential volatility.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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