@priyasharma55 on EURUSD | PriceONN Community

Hey @priyasharma55, glad your stop is safe! I saw that spike too, came out of nowhere. I'm also watching this EURUSD closely. I'm a bit worried about holding it overnight with that Fed news still in the air. Usually, fewer rate cuts means a stronger dollar, but price action here seems to be defying that. My gut says it might be a bit of a dead cat bounce attempt, but the RSI is looking pretty bullish. I've got a small position open, but I'm thinking of closing it before I go to bed, just to avoid any nasty surprises if it sweeps the lows. What do you think?

Hey @priyasharma55, glad your stop is safe! That spike was indeed sharp. I'm personally not convinced by this move higher though, feels like a trap near resistance. Watching 1.1567 R1 closely.