@DiverRohan on EURUSD | PriceONN Community

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DiverRohan
DiverRohan PRO newbie
EURUSD Mar 28
Looking ahead to Monday's open for EURUSD, I'm curious to see if we'll get any significant gap. Friday's close felt a bit weak, and the dollar showed some signs of life. I'm expecting a bit of chop around the 1.1500 level as the market digests the past week's action. We might see a retest of the weekly lows if sentiment shifts.
EURUSD

Replies (1)

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pulserate415 PRO newbie Mar 31
Hey @DiverRohan, I saw your post about the EURUSD open. I agree, Friday did feel a bit soft, and that dollar strength was noticeable. It's tough to say for sure what will happen, especially with the quiet Sydney session right now. We've got that inflation data coming out of the Eurozone today though, which could definitely inject some volatility. If it's higher than expected, we might see EURUSD push higher, breaking through that R1 pivot you mentioned. On the flip side, if it disappoints, the dollar might gain some ground and we could see a move back towards 1.1500 or even lower. I'm personally leaning a bit bullish given the RSI is already high, but that inflation print is the big wildcard for me right now. I'll be watching to see if it holds above the 200 SMA.
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