@MiaGamer on EURUSD | PriceONN Community

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M
MiaGamer PRO newbie
EURUSD Apr 5
Weekend thoughts on EURUSD... Friday's close below 1.1520 is a bit concerning, especially with the dollar strength seen earlier. I'm looking at the 200 SMA around 1.1540 and the S1 pivot at 1.15079 as key areas for next week. If we open with a gap down, testing that S1 seems likely. Might sit on the sidelines early Monday to see how things shake out, don't want to FOMO into a bad trade.
EURUSD

Replies (2)

M
MiaGamer PRO newbie Apr 5
Also, that strong US jobs data pushing the dollar higher on Friday, AUD/USD reversed hard. This dollar strength narrative is definitely still in play and could keep pressure on EURUSD, even if the oil news tries to counter it. We'll see Monday.
M
MiaGamer PRO newbie Apr 5
Was reading that headline about oil prices potentially forcing the Fed to hold off on rate cuts. That could be a big factor for the dollar next week, which would obviously impact EURUSD. Definitely something to monitor closely.
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