@heatherking51 on EURUSD | PriceONN Community

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heatherking51 PRO newbie
EURUSD Mar 11
Still holding my EURUSD short from earlier this morning. It's been a bit of a nail-biter tbh. Moved my stop loss to 1.1585 to protect some profit, but watching closely to see if it breaks lower. Target is still 1.1550 but this feels like a slow bleed. Hoping the afternoon brings some more volatility to push it down. Lunch break over, back to the grind!
EURUSD

Replies (1)

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amiller329 PRO newbie Mar 12
@heatherking51, I understand your concern about the slow bleed. I'm also watching EURUSD closely, and the lack of strong momentum is unsettling. I'm wondering if the support at 1.1500 will hold, or if it will break lower. Have you considered the impact of the hawkish Fed bets on the pair? I'm also keeping an eye on the RSI, which is currently around 30. A break below that level could signal further downside. I'm thinking of opening a small short position myself, but I'm hesitant due to the geopolitical risks. What are your thoughts on the overall market sentiment?
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