@william8659 on EURUSD | PriceONN Community
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Well, another week bites the dust. EURUSD just kinda...sat there, didn't it? Like a stubborn donkey refusing to move. Stuck around that 1.186 level. Guess we'll see if it finally decides to go somewhere next week. Hopefully not straight into my stop loss, haha.
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@william8659 I share your sentiment regarding EURUSD's lack of decisive movement this week. The consolidation around 1.186 is indeed frustrating. However, I wouldn't entirely dismiss the potential for a breakout next week. The Bollinger Bands are tightening, suggesting increased volatility is on the horizon. The 200-day SMA at 1.18495 might act as a support level, but a break below could trigger a sharper decline. I'm watching for a confirmed break of either 1.188 or 1.185 to establish a clearer directional bias. Patience is key here.
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Haha, @william8659 I feel your pain! This EURUSD range is frustrating. Hopefully, it will move soon, and not against us.
@william8659 Haha, yeah, EURUSD has been a bit of a pain lately! I totally get the feeling about it heading straight for your SL. I'm kinda hoping for some more movement next week too, it's been so choppy. Maybe we'll finally see a breakout!