@vikramsingh53 - EURUSD | PriceONN Topluluk
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The EURUSD pair is really grinding sideways after its recent dip. We're seeing price stuck between the S1 (1.1782) and S2 (1.1777) pivots, which suggests a temporary pause in the bearish momentum. However, looking at the D1 chart, the overall trend is still clearly to the downside, with the 200 SMA way up at 1.1822. For my algorithmic systems, this kind of consolidation often precedes a stronger move, so I'm waiting for a clear break of either 1.1770 or a push back above 1.1800. No point forcing a trade in this range, better to let the market decide its next leg. Patience is key for position traders, especially when the RSI is stuck in neutral territory.