@ahmedkhan22 on EURUSD | PriceONN Community

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ahmedkhan22
Watching EURUSD around the 1.18 handle here. Volume seems to be picking up slightly on the NY open, but nothing spectacular. It's not really confirming the bullish push we saw earlier from the Asian session. We need to see sustained buying pressure above 1.1810 to really consider this a solid upward move, otherwise it might just be noise before a potential retracement.
EURUSD

Replies (1)

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ShadowFax62 PRO newbie Apr 20
Hey @ahmedkhan22, yeah I'm watching this 1.18 level too. It's weird, I thought with the Dollar weakening like that news was saying, EURUSD should be climbing higher easily. But it's just not breaking through. Feels like a fakeout setup, maybe trying to sweep the lows below 1.1750 before going up? Or maybe that China news is actually stronger than people think and the dollar is going to bounce back. So confusing right now. I don't want to FOMO in if it's just going to reverse.
EURUSD 1.16104 -0.17%
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