EURUSD closed pretty flat on Friday tbh. RSI is still kinda neutral, but I'm leaning towards a bearish outlook next week. The 200 SMA at 1.17 is looming above, which is gonna act as major resistance imo. Let's see if we get a gap down on Monday open.
update: Thinking about it more, I might wait for a confirmed break below 1.159 before entering short. Gotta be careful of those fakeouts. The Bollinger Bands are pretty tight too, so we could see a breakout soon. I'm also gonna keep an eye on the news, see if there are any surprise announcements over the weekend that could affect the pair. Risk management is key, even for day trades. I'll probably set a tight SL just in case.
