@ebaker143 on EURUSD | PriceONN Community

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ebaker143
ebaker143 PRO newbie
EURUSD Feb 18
Hi everyone, I'm a newbie and just started looking at EURUSD. Seeing it's bearish atm, but I'm a bit unsure if this is a good time to buy? I'm thinking long term, not just a quick scalp. Any thoughts or advice would be appreciated!
EURUSD

Replies (1)

arjunverma99
arjunverma99 PRO newbie Feb 23
@ebaker143, long-term buy on EURUSD depends on your risk tolerance. The 200 SMA is way up at 1.18345, so there's potential upside, but also risk of further decline if it breaks lower. Consider dollar strength and EU economic data before making a decision. Maybe start with a small position?
EURUSD 1.16233 +0.10%
GBPUSD 1.35358 +0.16%
USDJPY 154.67150 -1.00%
XAUUSD 4,388.05 -0.96%
XAGUSD 65.55 -0.93%
BTCUSD 79,422 -0.60%
SP500 6,572.87 +0.74%
BRENT 95.61 +1.43%
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