@chloeclark97 on EURUSD | PriceONN Community

Update: I've been looking at some charts and the Bollinger Bands seem pretty tight right now. Does that mean we're expecting a big move soon? Also, the RSI is neutral, so not much help there. I'm wondering if I should set some alerts around 1.1850 and 1.1880 to see if it breaks either way. I'm still a bit nervous about trading, but I want to start small and gain some experience. Any advice on setting stop losses for EURUSD? I don't want to lose too much!

@chloeclark97, the 1.19 level is definitely a key area to watch, especially with those SMAs converging. But remember, technicals are only part of the story. Keep an eye on the economic calendar too!

@chloeclark97, that 1.19 level is definitely a key area to watch. 50 SMA can be like a wall sometimes! Good luck learning the ropes.

Hi @chloeclark97! Next week, watch how EURUSD reacts around the 1.18 level. The 50 SMA is a good indicator, but also look at the pivot points for potential support and resistance. Don't be afraid to start small and learn as you go. GL!