@VijaySingh79 on EURUSD | PriceONN Community
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I've been watching EURUSD for a while now, and it's like watching paint dry. The 50 SMA seems to be acting as a pretty strong support around 1.1780. Every time it dips, it bounces back up. But then it can't seem to break past 1.18, so it just keeps going sideways. I'm thinking of trying a small long position near that SMA level, with a tight stop loss just in case it decides to finally break down. Does anyone else see it that way, or am I missing something obvious? I'm still learning all this...