@pooja2000 on EURUSD | PriceONN Community

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EURUSD closed almost exactly at the 50-day SMA. A break above that 1.1870 area next week could signal further upside, but a failure to hold above 1.1860 might lead to more consolidation. What are everyone's expectations for the pair next week? Any key data releases to watch out for?
EURUSD

Replies (2)

AEvans55
AEvans55 PRO newbie Feb 21
Indeed, @pooja2000, the 50-day SMA will be a key level to watch. A decisive break could set the tone for the week! Let's see what Monday brings.
shwetayadav42
shwetayadav42 PRO newbie Mar 2
@pooja2000 I'm also watching the 50-day SMA closely. A break above 1.1720 would be a bullish signal, but I'm not convinced it will happen easily. Data releases next week will be key.
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