@IfunanyaEze - EURUSD | PriceONN Topluluk
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Watching EURUSD at this 1.17969 level, it's been a bit of a grind higher today. The volume during this New York session hasn't been massive, but it's been consistent with the upward push. It's not exactly screaming 'breakout' volume, but it's not diverging either, which is somewhat reassuring for the bulls. If this were a real parabolic move, I'd expect significantly higher volume on these pushes. The Bollinger Bands are widening slightly, and the price is sitting near the upper band, which is often a sign of strength but can also precede a reversal. I'm keeping an eye on those pivots, especially R1 at 1.17972. A solid break and hold above that with sustained volume would be a strong confirmation for further upside, maybe towards R2. However, if we stall here and see selling pressure emerge with increasing volume, that could signal a short-term top. The RSI is bullish, but not yet overbought, so there's still room to run if the buyers stay engaged.