@coder50 on EURUSD | PriceONN Community
Man, this week was wild for EURUSD. Closed Friday pretty weak, definitely not what I wanted heading into next week. Saw some big moves, but I mostly just watched. Gotta prep for Monday, see if we get a gap.
Replies
Maybe I'll look for a quick scalp if there's a gap, but probably just gonna sit on my hands. Not trying to get rekt on the open.
S
Hey @coder50, yeah this week was a rollercoaster for EURUSD. I noticed it's been respecting that 1.1550 resistance level quite a bit today, it's acting like a bit of a ceiling. If we can't break through that soon, I could see it pulling back towards the 1.1530s maybe. Just gotta watch the price action carefully.
F
Hey @coder50, yeah this week was a rollercoaster for EURUSD. I noticed it's been respecting that 1.1550 resistance level quite a bit today, it's acting like a bit of a ceiling. If we can't break through that, I'm not sure a gap up on Monday will hold. Feels like we're stuck in this range for now, and the RSI is screaming overbought on the daily. I'd be super cautious about chasing any upside early next week. Might be better to wait for a clearer signal after the initial open chaos.