@justin_k63 on EURUSD | PriceONN Community

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J
With the dollar strengthening due to geopolitical risks, as reported in the news, I see EURUSD as a great buying opportunity! The market is likely overreacting to short-term fears. I believe this dip is temporary, and the pair is fundamentally undervalued. Time to go long!
EURUSD

Replies (2)

J
justin_k63 PRO newbie Mar 12
And don't forget, the ECB is likely to maintain its hawkish stance, which should provide support for the euro in the medium term. This is just a temporary setback, in my opinion.
J
JamesR11 PRO newbie Mar 16
Hi @justin_k63, I see where you're coming from with the ECB stance, but that dollar strength from the oil surge is hard to ignore. I'd be careful about going too long until we see that subside. Good luck with your trade though!
EURUSD 1.16084 -0.19%
GBPUSD 1.34240 -0.29%
USDJPY 159.89250 +0.01%
XAUUSD 4,467.34 -0.45%
XAGUSD 73.20 -2.53%
BTCUSD 63,669 -5.80%
SP500 6,572.87 +0.74%
BRENT 99.84 +0.97%
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