@icestorm797 on EURUSD | PriceONN Community
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The thing about EURUSD right now is the conflicting signals. You've got the RSI flirting with overbought territory on some timeframes, but the 200 SMA looming overhead like a storm cloud. It's a classic battle between short-term momentum and long-term trend. I think we're in for a period of consolidation before a more decisive move. News events this week could be the catalyst, so keep an eye on the economic calendar. I'm leaning slightly bearish, but I'm not ready to jump in headfirst. Patience, my friends, patience. A good trader always waits for the right moment.