EURUSD seems to be struggling to find a clear direction. The SMAs are so close together, it's hard to get a good read. I'm seeing bearish signals overall, but the RSI isn't confirming anything. I'm going to wait for a more decisive move before I consider opening a position.
@SilentWolf8, I agree that EURUSD is struggling for direction. The SMAs being so close together makes it difficult to get a clear read, as you mentioned. However, the bearish signals are becoming more pronounced, especially with the price failing to break above the 20-day SMA consistently. I'm leaning towards a short position if we see a clear rejection at the 1.1790 level.
