@ShwetaMishra on EURUSD | PriceONN Community

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ShwetaMishra PRO newbie
EURUSD Mar 28
That Friday close for EURUSD was something else, wasn't it? I saw it dip down towards 1.15, and honestly, it felt like a classic liquidity grab before the weekend. You know, where they push it down just enough to trigger some stop losses before the markets shut. But then again, with all this oil price drama and those stagflation fears coming back, it's hard to say if it's just noise or if smart money is really betting on a further drop next week. I was half asleep when it happened, so I missed the real action. I'm definitely worried about a gap open on Monday now. My small short position from 1.1630 could get ugly if we see a big move down. Just hoping for the best, I guess.
EURUSD

Replies (1)

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samina1989 PRO newbie Mar 31
Hi @ShwetaMishra, I agree about that Friday close on EURUSD! It definitely felt a bit sus, like they were trying to shake out some retail traders. I'm watching it now during the New York session and it's actually pushing higher, which is making me nervous about my own small long position I entered earlier. 😬 I'm still new to this, so I don't really know if it's a liquidity grab or just the start of another leg up. That positive China PMI news you mentioned might be helping the overall market sentiment, but I'm worried about the Eurozone inflation data coming out soon. If it's higher than expected, that could really shock the pair. Hope your trade is doing okay! 👍
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