@rallen402 on EURUSD | PriceONN Community
Considering the neutral close on Friday and the general lack of strong conviction across major pairs, I'm anticipating EURUSD might remain within a defined range early next week. We'll need to watch for any significant news that could break the current consolidation, perhaps looking at the 1.1700-1.1800 levels as key boundaries.
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The 200 SMA sitting around 1.1730 could act as a significant magnet if we see any downward pressure develop. It's always a critical level to monitor during consolidation phases.