@shwetarao77 - EURUSD | PriceONN Topluluk
Hi everyone! I'm pretty new to forex trading and trying to wrap my head around support and resistance levels. Looking at EURUSD right now, it's above the 20 and 50 SMAs, but still under the 200 SMA. Does that mean the 200 is acting as a major resistance? I'm wondering if I should wait for a breakout above it before considering a long position. Any thoughts?