@DarkPool45 on EURUSD | PriceONN Community

Update: RSI is still hovering around 50, so no real momentum either way. Might just be range-bound trading for now. Gonna keep an eye on it and see if any news breaks to shake things up.

@DarkPool45 I agree, EURUSD is stuck in a bit of a range. That bounce between the 50 SMA and R1 is pretty clear. Shorting if it fails to break R1 again seems like a reasonable idea, but that Iran news could throw a wrench in things, tbh. If risk-off sentiment takes hold, the euro might drop even if it breaks R1, so keep that in mind. I'm thinking a smaller position size might be wise given the uncertainty. Could be a volatile week ahead.