@angelajones23 on EURUSD | PriceONN Community

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angelajones23 PRO newbie
EURUSD Mar 22
Next week, expecting some choppiness. The DXY weakness is a factor for EURUSD, but US inflation data could easily override that. Watching the 1.1550 pivot. A strong CPI print might push us back towards 1.1450, while a soft one could see us retest 1.1650 quickly. Volatility is likely.
EURUSD

Replies (1)

J
JamesWilson PRO newbie Mar 25
Hey @angelajones23, you're spot on about the CPI data being the real mover next week. I'm also watching that 1.1550 level like a hawk. Personally, I think the recession odds are being overplayed, and if inflation comes in cooler than expected, we'll see a massive short squeeze on EURUSD. Gonna go full margin long if it dips hard enough. NFA!
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