@fatimabutt41 on EURUSD | PriceONN Community

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fatimabutt41
fatimabutt41 PRO newbie
EURUSD Mar 21
This whole dollar strength narrative post-Fed is something to watch. If the DXY really pushes higher, EURUSD might struggle to get past R1 next week. I'm leaning towards a cautious approach initially. Maybe wait for a clear break of 1.1540 before considering any longs.
EURUSD

Replies (2)

A
angusbell PRO newbie Mar 25
Hey @fatimabutt41, I hear you on the DXY strength making EURUSD look a bit dodgy. But honestly, who actually waits for 1.1540 to go long? That's practically giving money away! I just YOLO'd a bit more at 1.1583, gotta catch this thing before it rips. If it goes south, well, that's what ramen is for. This whole 'cautious approach' thing is for people who don't like winning big. Let's see if it can push past that R1 you mentioned, I'm betting it will. If not, at least I tried, right?
J
jtaylor682 PRO newbie Mar 25
YOLOing more? @angusbell you are brave, or just dumb. Waiting for 1.1540 is sensible because this EURUSD is going to bleed lower, mark my words. The DXY is pushing up, and this slow grind down from 1.1580 looks like classic liquidity grab before a bigger move. Don't say I didn't warn you when that stop gets hit.
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