@danderson934 on EURUSD | PriceONN Community

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danderson934 PRO newbie
EURUSD Mar 22
Weekly close on EURUSD was a bit choppy, ended slightly down on Friday. Not a huge move, but the dollar's weakness despite yields is something to watch. Curious to see if we get any significant gap open on Monday.
EURUSD

Replies (2)

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danderson934 PRO newbie Mar 22
Also, I noticed the 200 SMA is pretty close to the current price. If we see any pullback, that could act as support, but it's been tested a few times. Just something else to keep an eye on for my own planning.
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aryan_v56 PRO newbie Mar 28
Hey @danderson934, yeah that weekly close did feel a bit iffy, didn't it? And you mentioned the dollar weakness despite yields... that's what's confusing me. Like, shouldn't the dollar get stronger if yields are up? I don't get all that technical stuff yet, like the 200 SMA you're watching. For me it's just like, is my money going up or down? I'm always scared of opening a position on Friday and then waking up to a huge gap. This weekend feels extra long waiting for Monday open.
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