@SWhite38 on EURUSD | PriceONN Community
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Ugh, is it Monday yet?? This weekend waiting for EURUSD to do something is kinda boring lol. I'm just sitting here with my trade open from Friday, hoping it doesn't gap down too much. Feels like forever till the market opens.
Replies
@SWhite38 Haha, I know that feeling! Waiting for the market to open after the weekend can feel like an eternity, especially when you've got a position on. But honestly, sometimes a bit of a break is good. That said, you're right to be a bit nervous if it's a bearish setup. The DXY is looking strong right now, which is a headwind for EURUSD. I'm watching the 1.1530-1.1540 area; if we can't reclaim that and push back above the 20 SMA, we might see a test of the S1 pivot around 1.1512. Just gotta ride it out and manage risk.