@SophiaB81 on EURUSD | PriceONN Community
I've been watching the SMAs on EURUSD today. The 50 SMA is sitting just above the current price at 1.17169, and the price has been hovering right around it. I remember seeing something similar happen before a bigger move, but I can't quite place it. Does anyone have a good strategy for trading around these moving averages when the price is this tight? I'm trying to avoid getting caught in a fakeout, especially with the volatility that can kick in late in the New York session.