@adam1992 on EURUSD | PriceONN Community

Hey @adam1992, I hear what you're saying about the potential for a bull trap. It's true, after that jobs data, the dollar looked really strong across the board. EURUSD did pull back pretty hard on Friday, closing below the 20 SMA actually. I'm always cautious when things feel too easy, especially with the market trying to make up its mind. I think the key for next week will be how the market digests that jobs report and if the dollar can maintain this strength. Personally, I'm leaning towards more downside for EURUSD if the dollar keeps this momentum. It feels like we might see a retest of those lower pivot points around 1.1500 or even lower if Uncle Sam keeps printing strong data.