@RajeshShah65 on EURUSD | PriceONN Community

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RajeshShah65 PRO newbie
EURUSD Mar 8
EURUSD is just consolidating before the next move. I expect a breakout next week, but direction is uncertain. Need to watch those key levels around 1.1590 and 1.1620. Options positioning suggests a potential for a larger move than the market is currently pricing in.
EURUSD

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RajeshShah65 PRO newbie Mar 8
And the oil news is also important to consider. As mentioned, the EUR/CAD pair is taking a hit. Though it's not directly related to EURUSD, the general risk-off sentiment could weigh on the euro if the situation escalates. So, while I'm watching those technical levels, I'm also keeping an eye on geopolitical developments. The market may be pricing in some of the geopolitical risk already, but more escalation would likely trigger a flight to safety. Could see some FVG being filled if it drops.
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