@kamran1568 on EURUSD | PriceONN Community

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K
kamran1568 PRO newbie
EURUSD Feb 25
The bullish momentum on EURUSD is quite compelling this morning! Price is holding above the daily pivot at 1.18025, which is a strong confirmation. I'm observing a clear upward trajectory, with the RSI at 61 also indicating sustained buying pressure. A break above R1 at 1.18071 could open the path towards the 1.18100-1.18110 area where the R2 and SMA200 converge, presenting excellent short-term scalping opportunities.
EURUSD

Replies (1)

K
kamran1568 PRO newbie Feb 25
Update: It's crucial to watch for any brief pullbacks towards the 1.18040-1.18050 zone for potential entries, assuming the overall bullish structure remains intact. The confluence of R2 and the 200-period SMA around 1.18100-1.18110 is definitely my primary target for profit-taking on these moves. Always managing risk with a tight SL below the pivot, of course!
EURUSD 1.16148 -0.06%
GBPUSD 1.35347 -0.03%
USDJPY 153.83750 -0.32%
XAUUSD 4,401.59 -0.10%
XAGUSD 66.29 +0.23%
BTCUSD 78,475 -0.97%
SP500 6,572.87 +0.74%
BRENT 96.56 +1.32%
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