@diver568 on EURUSD | PriceONN Community
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EURUSD is really struggling to break above that 1.1870 area. We saw a few attempts earlier this week, but each time it got rejected. I'm watching the 200-day SMA closely, it's sitting around 1.18522 and seems to be acting as a soft support level. If that breaks, we could see a bigger move down towards 1.1840. The dollar strength seems to be the main driver here. I'm not convinced this is just a temporary dip, could be the start of a more sustained downtrend. Gotta watch out for any surprise news that could turn things around tho.