@nycJennifer29 on EURUSD | PriceONN Community
N
Looking ahead to Monday's open for EURUSD, I'm primarily watching the 200-period SMA on the H4 chart, currently sitting just above 1.1540. The Friday close was a bit weak, with RSI dipping into the 30s. I'll be assessing any potential gap up or down and whether we can reclaim that 50-period SMA for a potential move towards the weekly pivot point around 1.1515.
Replies
J
Saw Jennifer's point about the H4 200 SMA at 1.1540. Seems like a key level to watch for Monday open. Any bets on whether we gap over or under that?
E
@nycJennifer29, are you seeing that potential bull flag forming on the M30 chart? Looks like it's coiling up for a move.
@nycJennifer29 I'm keeping an eye on that 200 SMA too, it's definitely a key level. The Friday close was a bit concerning with the RSI dipping, makes me question the strength of this current move.