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EURUSD is currently sitting right on the 50 SMA. I'm seeing a potential bounce here, but the volume isn't really confirming it. If it breaks below 1.1612, I think we'll test S1 at 1.1597 pretty quickly. Watching closely for a clearer signal before taking a position.
@JustinChef I agree, volume is key. A bounce off the 50 SMA would be interesting, but without confirmation, it's risky. I'll be watching that 1.1612 level too.
