@NicoleHall - EURUSD | PriceONN Topluluk
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I am considering a long position on EURUSD if it breaks above the 1.1815 level. The price has been consolidating around the 50-day SMA, and a breakout could signal a potential upward trend. However, I am aware of the risks involved and will set a tight stop-loss order to protect my capital. I believe a stop loss around 1.1790 would be appropriate. Does this seem reasonable?