@painterKavita on EURUSD | PriceONN Community

I'm finding today's EURUSD price action quite perplexing. The bearish trend is clear based on the SMA indicators (20, 50, and 200), but the price seems to be struggling to break decisively below 1.1700. I had anticipated a stronger move downward given the negative sentiment and the RSI reading. Perhaps the market is waiting for further confirmation or economic data releases. It's making it difficult to establish a clear trading strategy. Is anyone else experiencing similar uncertainty?