@ragini_r86 on EURUSD | PriceONN Community
R
Honestly, the geopolitical noise from the Middle East is making me a bit cautious about chasing any big moves on EURUSD right out of the gate Monday. The dollar has been strengthening on this news, which is clearly weighing on the pair. I'm going to sit tight for the first hour or two, let the dust settle, and see if a clear direction emerges. My watchlist includes looking for a potential retest of 1.1500, and if that breaks, perhaps we could see a move towards 1.1480. On the flip side, if the dollar sentiment shifts or if there's any de-escalation, a bounce back towards the 1.1530-1.1550 area is possible. I've got my Fibonacci retracement levels from last week's swing high and low ready to go, just in case we get a clear setup. For now, it's all about patience and observing.