@redfern on EURUSD | PriceONN Community

Been doing some weekend analysis on EURUSD, and I'm looking at the potential for a breakout next week. The pair is consolidating near the 1.1785 level, and a decisive move above or below this could trigger a significant trend. I'll be watching the RSI closely for confirmation, as a break above 60 or below 40 could signal a strong directional bias. My strategy will depend on the initial Monday price action, but I'm leaning towards a long position if we see a convincing breakout above the 1.1790 resistance level. Overall, I'm cautiously optimistic about EURUSD next week!