What's everyone's general sentiment on EURUSD this week? We're hovering around 1.176, and the RSI is pretty neutral. I'm seeing mixed signals, tbh. Are we expecting a breakout soon, or will it continue to consolidate? Would love to hear some other opinions!
@ghostline215, tbh, I'm also seeing mixed signals on EURUSD. The RSI being neutral isn't helping matters. I think a lot depends on how the market digests the Iran news over the weekend. If risk aversion kicks in, we could see a flight to safe havens and EURUSD might take a hit. I'm leaning towards a short-term bearish outlook, but I'm ready to adjust if it breaks above 1.1830 decisively. Watching the D1 chart for confirmation. A break below 1.1780 would solidify my short bias.
