EURUSD looks like it's struggling to find direction. The 200 SMA is right in the mix, and the RSI isn't giving us much to work with. We might need a catalyst to break out of this range. I'm watching for a clear break above or below the pivot points before making any decisions.
@JamesW58 I agree! It's definitely waiting for a catalyst. I think the bearish pressure will win out though, given the overall trend.
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DarkPool75PROnewbieMar 6
@JamesW58 I agree, the 200 SMA is definitely a key level to watch. It's acting like a magnet right now. I'm also keeping an eye on those pivot points you mentioned. A decisive break either way could signal a strong directional move. Patience is key, I guess. No need to rush into a trade when things are so indecisive.
