@BoldTide68 on EURUSD | PriceONN Community
I'm wondering if EURUSD will break that 1.18 level next week. 🤔 Seems to be a key area of resistance. I'm watching for a potential long entry if it can break through with some momentum. Otherwise, might look at a short position if it rejects that level again. Patience is key I guess. 🤞
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update: Just looking at the weekly chart, the RSI is around 59. So not overbought or oversold. I think it really could go either way. Gotta be ready to react to the price action on Monday. I think I'll set some alerts around 1.1750 and 1.1820 just in case. ⏰
K
@BoldTide68 Patience is key indeed. 1.18 is significant. A failed breakout there could present a good short opportunity. Confirm with volume.