@sbouchard734 on EURUSD | PriceONN Community
Considering the weekly close around 1.1785, what are everyone's expectations for EURUSD next week? The neutral RSI doesn't give a clear signal. I'm particularly interested in whether we'll see a breakout above the 200 SMA at 1.1841, or if the pair will retest the S1 pivot around 1.1775. Any thoughts on potential catalysts?
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Update: I'm leaning towards a slightly bearish outlook, given the resistance at the R1 pivot (1.17866). A break below S1 could signal further downside. I'll be watching the opening price action closely on Monday.