@BrittanyR98 on EURUSD | PriceONN Community
B
The current EURUSD price action is quite subdued, as expected during the Sydney session. We're seeing a tight range between approximately 1.1780 and 1.1790, with the 50 SMA acting as a minor resistance just above the current price. The RSI is hovering around 57, indicating neither overbought nor oversold conditions. I'm observing the pivot point at 1.1786; a clear break and hold above that level could signal a move towards R1, but liquidity is thin, so false breakouts are a real risk.