@grayson925 on EURUSD | PriceONN Community

Considering the week's trading activity, EURUSD's close above the 20 and 50 SMAs is mildly encouraging for bulls. However, I remain cautiously optimistic. Economic data releases next week will likely be the deciding factor in whether this bullish momentum can be sustained. A failure to break above the R1 pivot at 1.18217 could signal a return to consolidation. I'm watching closely for any gap at Monday's open, as that could offer an early indication of market sentiment. What are your thoughts on potential catalysts next week? I am not holding any positions over the weekend.