@benjaminleblanc82 on EURUSD | PriceONN Community

Seeing a bit of a confluence on the EURUSD H4 chart that I wanted to share. We have the 50-period SMA hovering just above the current price at 1.1717, acting as resistance, and the RSI is sitting right at 52, which is quite neutral. What's more interesting to me is that the price action is forming what looks like a potential ascending triangle pattern against the S1 pivot at 1.1707. I'm wondering if anyone else is observing this setup and anticipating a breakout towards R1 at 1.1718, or if the broader market sentiment driven by commodity currency strength might override this technical picture.