@OmolaraOyewole on EURUSD | PriceONN Community
EURUSD is really stuck, RSI at 47.7 and price just around 1.1789. The SMAs are so close, 20 at 1.1778 and 50 at 1.1790. What fundamental news are you all watching that could push it out of this neutral zone? I'm trying to identify potential catalysts for a swing trade.
Replies
Adding to my earlier point, the Bollinger Bands are also very narrow around 1.18. This really shows how low volatility is. I'm wondering if any upcoming central bank speeches or inflation data could be the trigger. It feels like a breakout is due, but the direction is still a mystery for me.