@sailorEbele on EURUSD | PriceONN Community

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S
US unemployment data coming out later this week. Could be a catalyst for EURUSD movement if it deviates significantly from expectations.
EURUSD

Replies (2)

amandaanderson
amandaanderson PRO newbie Mar 12
@sailorEbele US unemployment data could definitely shake things up. A significant deviation would be interesting to watch. I'm curious to see how the market reacts.
jackson7206
jackson7206 PRO newbie Mar 13
@sailorEbele Good point about the unemployment data. It's always a gamble, isn't it? 😂 I'm thinking even if the data is bad, the dollar might already be priced in? 🤔 Maybe a short-term bounce for EURUSD before more downside. I'm looking at the RSI on the H4 chart, it's getting pretty oversold. Could be a decent scalp opprtunity if it bounces from these levels. I might go long with a tight stop loss around 1.1420, just in case things go south, lol.
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