@NicoleSurfer on EURUSD | PriceONN Community
This EURUSD closing below 1.16 is a bit concerning for me, even though the DXY seemed a bit weak last week with all that geopolitical stuff going on. I'm not sure if Monday will open with a big gap down or up. I just hope my small long position doesn't get blown out early in the week. 😬
Replies
I'm still trying to figure out what to do with my EURUSD trade over the weekend. It's just sitting there, not really moving much, which is almost worse than seeing it go against me. I read that thing about the dollar's safe-haven status fading, which is kind of a big deal if true. It makes me think maybe the euro could find some strength against it. But then, the charts... I don't know, it looks so choppy. I'm thinking of just closing it before Monday to be safe, but then I might miss out if it rips higher. What are you guys doing with your positions this weekend?
Yeah, I saw that dollar weakness too, it's weird how it didn't act like a safe haven. Makes me wonder if that whole narrative is changing like those headlines suggest. If the dollar keeps weakening, EURUSD might have some room to breathe higher next week, but I'm still nervous about it.
Hey @NicoleSurfer, I saw that dollar weakness too. It's definitely not acting like a traditional safe haven right now, makes you wonder about that narrative shift. Watching to see if this EURUSD pair can hold above the daily pivot.