@JonathanWalker on EURUSD | PriceONN Community

Update: I'm leaning towards a short position if we break below 1.16. The overall trend still looks bearish on the D1. A clean break with decent volume would confirm. I'll be watching the 20 SMA closely as resistance if we see a bounce first. My SL will be tight, around 1.1620. Targeting 1.1580 initially, then potentially lower if the momentum holds. Remember to manage your risk and adjust your positions accordingly!