@melissayoung - EURUSD | PriceONN Topluluk
M
Based on the current market data, EURUSD is showing a bearish trend, confirmed by the price being below the 20, 50, and 200 SMAs. I'm anticipating a further decline towards the S1 pivot point at 1.17672, potentially even testing S2 at 1.17621. A break below S2 could open the door for a more significant move downwards. I'm setting a tight SL just above the 20 SMA.