@hassan8504 on EURUSD | PriceONN Community
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Looking at EURUSD, the current neutrality is quite telling. Price is tightly coiled around the 20 and 50-day SMAs, both near the 1.1784 mark. The RSI hovering at 50.9 confirms this lack of conviction. For a swing trader like myself, this suggests patience. I'm waiting for a clear break above R1 at 1.17839 or below S1 at 1.17668 to consider a position, otherwise it's just noise