@jackbaker31 on EURUSD | PriceONN Community

I'm leaning bearish on EURUSD for the coming week. The RSI is still below 40, indicating some downside momentum, and the price is struggling to break above the 200 SMA. Plus, with all the news about the US and Israel, safe havens are getting a boost, which tends to weaken the euro. I reckon we'll see it test S1 at 1.17812 initially, and if that breaks, then S2 at 1.17767 is the next target. Could be a good opportunity for a short scalp if the volatility picks up. Just my two cents, of course.