@sunita89 on ETHUSD | PriceONN Community

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sunita89 PRO newbie
ETHUSD Mar 8
Anyone keeping an eye on the Canadian unemployment rate data coming out this week? says it might rise... Could give us some volatility in ETHUSD if the CAD weakens. I'm a bit worried about holding through news like that, might just close my position before then to be safe. Better to be cautious, right?
ETHUSD

Replies (2)

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aishwaryanair60 PRO newbie Mar 9
@sunita89 I understand your worry about the news. I'm also new to this, but from what I've read, its better to close before big announcements especially if you're unsure. Are you looking at any specific levels for ETHUSD if the Canadian data is bad? I'm trying to learn how to predict these things better. Maybe look at previous instances when CAD weakened? Just thinking out loud here...
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neha3761 PRO newbie Mar 9
@sunita89 I agree, being cautious around news events is usually a good idea. Better to protect your capital, especially when you're still learning. Good luck with your trades!
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